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    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 23: Functions and Organization of Insurers
  5. Question
    Experience Rating Looks to the Past Lost Experience of an Insured
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Experience Rating Looks to the Past Lost Experience of an Insured

Question 57

Question 57

True/False

Experience rating looks to the past lost experience of an insured, but affects the rate to be charged in the future.

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