QUESTION 42 Which statement regarding the hit (success) ratio is correct? insurers always want a hit ratio as close to as possible. the hit ratio is a measure of operating performance insurers always want a hit ratio as close to 100% as possible, the hit ratio is equal to the ratio of policies written to quoted policies. QUESTION 43 Some insurance police state that the initial premium charged is an estimate and that the final premium will be based on an evaluation of the insured s financials, books, records, etc. The process of evaluating the insured's financial records for this purpose is most commonly referred as an); premium inlage eternal validation ratere + premium aust factors QUESTION 44 Werich type of ensurance is best for the purpose of prolong large line capacity Porta tentance Extensostenance