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Individual rating plans use different approaches to modify the rate for an account. Which one of the following types of individual rating plans is used
Individual rating plans use different approaches to modify the rate for an account. Which one of the following types of individual rating plans is used to modify the premium of liability insurance policies based on risk characteristics such as condition of premises and equipment, and safety programs? Select one: A. Retrospective rating plan B. Schedule rating plan C. Experience rating plan D. Individual premium risk modification plan
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