SOFE
AFE · Question #110
______ is used when the rates for large or usual risks are established almost entirely by the skill and experience of the rate maker.
The correct answer is D. Individual rating. See the full explanation below for the reasoning.
Question
______ is used when the rates for large or usual risks are established almost entirely by the skill and experience of the rate maker.
Options
- AExpertise rating
- BPremium rating
- CClass rating
- DIndividual rating
How the community answered
(66 responses)- A3% (2)
- B15% (10)
- C8% (5)
- D74% (49)
Community Discussion
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