Business, 10.05.2020 06:57 Clup0211

Underwriters try to have a proper balance within each risk classification. Much of personal lines underwriting today involves all exposures units with similar loss-producing characteristics being placed in the same category and charged the same rate. This type of underwriting is known as:
a. Class underwriting
b. Merit underwriting
c. Field underwriting
d. Line underwriting

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Underwriters try to have a proper balance within each risk classification. Much of personal lines un...

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