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SOFA-CFE · Question #264

SOFA-CFE Question #264: Real Exam Question with Answer & Explanation

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Question

The contract usually calls for a ______________of commission to be paid throughout the year, with an adjustment up or down at the end of the year depending on the final loss ratio.

Options

  • Aadministrative agreement
  • Bprovisional rate
  • Crevolutionary rate
  • Dwrite-ins aggregated rate

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