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The additional charge to increase a general liability limit to $2 million for any one occurrence might be expressed as 70% of the basic coverage
The additional charge to increase a general liability limit to $2 million for any one occurrence might be expressed as 70% of the basic coverage limit rate, producing a 1.70 factor. This is an example of Oa. Schedule modification O b. Credibility factor Oc. Increased limit factor Od. Risk charge Conver
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