If an insured pays a premium that is lower than others that are in the same class, this insured is considered to be rated as ___

Question

Paraphin [41]

2 years ago

9

If an insured pays a premium that is lower than others that are in the same class, this insured is considered to be rated as ___

___.

Business

1 answer:

dezoksy [38] · Answer 1 · 2022-01-29T18:48:00+03:00

dezoksy [38]2 years ago

3 0

Answer:

Insurance Risk Class

Explanation:

Insurance Risk Class allows insurance firms to determine the amount of coverage needed and how much that this cost, since no two individuals have the same risks.