Identify two factors which normally affect the premiums charged by insurers
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-inflation
-changes in interest rates being paid on investments
Identify three things that a Survey does *
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, -assist in identification of loss exposures
-helps to determine the coverages needed
-develops other underwriting information needed by the insurer
Identify four activities that are common to all underwriter"
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- risk selection
- risk classification
- rating and rate making
- policy holders service
identify six types of physical hazards:
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type of building construction
occupancy
housekeeping
external exposures
geography
protection
[phgote]
Identify five classes of Building Construction as identified by the IAO and briefly
explain any three.
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-inflation
-changes in interest rates being paid on investments
Identify three things that a Survey does *
Give this one a try later!
, -assist in identification of loss exposures
-helps to determine the coverages needed
-develops other underwriting information needed by the insurer
Identify four activities that are common to all underwriter"
Give this one a try later!
- risk selection
- risk classification
- rating and rate making
- policy holders service
identify six types of physical hazards:
Give this one a try later!
type of building construction
occupancy
housekeeping
external exposures
geography
protection
[phgote]
Identify five classes of Building Construction as identified by the IAO and briefly
explain any three.
