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Home Q & A Board Other Fields Homework Help Business Insurance
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JamesLu JamesLu
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6 years ago
Which of the following statements about experience rating is (are) true?
I.   The insured's past loss experience is used to determine the premium for the next policy period.
II.   Its use is generally limited to small firms whose actual experience lacks credibility.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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#1
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6 years ago
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JamesLu Author
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6 years ago
Thanks for your help!!
IvanaVR
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Yesterday
Thanks
jblazah
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2 hours ago
this is exactly what I needed
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