SOFE
AFE · Question #113
The adjustments of the premium during the period of coverage based on actual experience during that same period are called?
The correct answer is D. Retrospective Experience rating. See the full explanation below for the reasoning.
Question
The adjustments of the premium during the period of coverage based on actual experience during that same period are called?
Options
- APolicy rating
- BSchedule rating
- CExperience rating
- DRetrospective Experience rating
How the community answered
(38 responses)- A5% (2)
- B3% (1)
- C11% (4)
- D82% (31)
Community Discussion
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