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Merit rating insurance example

Updated: 9/24/2023
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Zeezhammadi

Lvl 1
10y ago

Best Answer

The auto insurance is an example of the Merit rating insurance.

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10y ago
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Q: Merit rating insurance example
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Related questions

How can an employer benefit from a merit rating system for state unemployment?

how can an employer benefit from a merit-rating system for state umenployment


What is merit rating and what its uses and methods?

1. Insurance: Computing premium on a policy (such as for auto insurance) on the basis of an insured's loss record. 2. HR: System of rating employees on the basis of factorssuch as absenteeism, adaptability, attitude, health, length of service, punctuality, and safety record


A workers compensation rating technique that rewards the insured for successful loss control measures is called?

Merit Rating Plan.


What is the meaning of merit rating?

Evaluates the candidate based on qualifications such as scholastic aptitude.


a scholarship received for one's artistic abilities is an example of?

merit-based aid.


How did Starfox Adventures Merit an T rating from ESRB?

The ESRB says that it contains "Animated Blood and Mild Violence"


Effect of merit rating on pay?

When you receive high reviews, you will get a higher raise from your employer. The better you perform at your job, the more money you will make.


What is an example sentence for vague?

One example is - The answer was to vague to merit a point. Another example is - The witness description of the suspect was just too vague.


Do you always need a cosigner?

A cosigner is needed when the primary borrower does not, for whatever reason, (age, income, credit rating, etc.) does not qualify for a loan on their own merit.


What is meant by ratting of fuse?

A fuse is given a various rating (strength). For instance, a home appliance (washing machine, etc) would usually have a fuse with a 13 amp rating. While a low powered lamp would only merit a 2 or 5 amp fuse rating. It is important to use a fuse of the correct rating in amps for each electrical appliance.


What is an example of a supervisor 's obligation to adhere to merit system principles when identifying a recruitment source?

don't know


When students receive money to play a particular sport at a college or university it is an example of what kind of aid?

merit based