Match the descriptions with their terms:
-The _________________ is the means by which the ratings adjustment takes into consideration the actual loss experience of the firm.
A) assigned risk plan
B) association captive
C) excess insurance
D) experience modification factor
E) float
F) industry captive
G) large deductible plan
H) liquidating damages
I) loss conversion factor
J) offshore captive
K) onshore captive
L) partial permanent injury
M) RMIS
N) single parent captive
O) standard premium
P) workers' compensation insurance
Correct Answer:
Verified
Q17: Match the descriptions with their terms:
-Cash _
Q18: Match the descriptions with their terms:
-Another name
Q19: Match the descriptions with their terms:
-_ covers
Q20: Match the descriptions with their terms:
-Workers' compensation
Q21: Match the descriptions with their terms:
-Even when
Q23: Match the descriptions with their terms:
-Under a/an
Q24: Match the descriptions with their terms:
-_ is
Q25: Match the descriptions with their terms:
-A/An _
Q26: Match the descriptions with their terms:
-A/An _
Q27: Match the descriptions with their terms:
-A/An _
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