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QUESTION 19 Ratemaking Relies on Getting the lowest premium to attract and retain customers Marketing to different and diverse types Insureds Collecting reliable data over
QUESTION 19 Ratemaking Relies on Getting the lowest premium to attract and retain customers Marketing to different and diverse types Insureds Collecting reliable data over a long period of time The producers to market the coverage to new and renewing insureds None of the Above QUESTION 20 Which is more difficult to underwrite Commercial Coverage on Business Risk Life and Health Risk Accident and sickness policies Unemployement insurance None of the Above QUESTION 21 Liability Insurance would respond if You needed to repair your car due to an accident that you caused Your house burned down due to your accidentally burning leavings and strong winds Your lawnmower threw a rock that broke your bay window. Your spouse tripped on the inside rug in the living room and got injured None of the Above QUESTION 22 Which Position actually evaluates a Property Risk and accepts it on behalf of the company? Loss control that inspects the property for the agent on underwriter Loss orevention staff at the company you are insuring wil inspect the property Underwriter that reviews the submission and may Inspect the property Calms adjusters that inspects the property None of the Above
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