Science, asked by aliyaShahin, 6 months ago

rating is an important process in the making of coir explain with suitable reason

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Answered by Anonymous
3

Answer:

Based on the results of the underwriting process, the rating assigns a price based on what the insurer believes it will cost to assume the financial responsibility for the applicant's potential claim. ... A rate for each group will be set based on the claims paid by the insurer for the people in that group.

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