Once It Is Determined That Insurance Can Be Issued, the Next

question 15

Multiple Choice

Once it is determined that insurance can be issued, the next decision is to apply the proper premium rate.Premium rates are determined for classes of insureds by the:

• A)actuarial department.
• B)underwriting department.
• C)blockbusting department.
• D)redlining department.
• E)process of gentrification.

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Definitions:

Unique Colours

Distinct colors that can be naturally occurring or created through various means, often attracting visual interest or serving specific functions in nature and design.

Soil Layer

A distinct layer of soil with characteristic physical properties and organic matter, part of the soil profile.

Iron

A chemical element with symbol Fe and atomic number 26, known for its hardness and magnetic properties, and widely used in construction and manufacturing.

Topsoil

The upper, outermost layer of soil, usually the top 2-8 inches, that has the highest concentration of organic matter and microorganisms.