3-36 PC Underwriting Risk Only Exists When the Premiums Generated

question 44

True/False

3-36 PC underwriting risk only exists when the premiums generated on a given insurance line are less than the claims (losses)on the line.

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Definitions:

Tab

A user interface control used to display multiple documents or panels in a single window, allowing quick navigation between them.

Option Group

A collection of options presented together in user interfaces, allowing a single choice to be selected from a group.

Combo Box

An interactive element in a graphical user interface that allows a user to choose one of multiple predefined options or enter a custom choice.

Subform/Subreport Control

A feature in database software that allows for embedding a data form or report within another, facilitating hierarchical data presentation.