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When an insured has availed claim specially in medical insurance, many insurers charge extra premia technically called as loading with the last year's premia amount at the time of renewal. The loading percentage varies according to the amount of claim received by the insured during the preceding year.
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∙ 9y ago
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What is loading in insurance?
Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.
What is premium loading in insurance?
Premium loading is an amount an insurance company adds to the basic premium to cover the expense of securing and maintaining the business.
What is an example of loading in insurance?
administrative expenses
Where can I buy instrument insurance?
I don't think there is such a thing as instrument insurance. You just need to be careful loading and unloading your equipment, as well as when transporting it. Invest that money in some good cases instead to house the instruments while on the road.
What fee be charged for Cost Plus Fee contract?
The goods mentioned in the contract / the relevant expenses such as shipping/ insurance/ custums tarrif fees/ loading and unloading
What is up-loading and down-loading using an ftp site?
popup loading
Is there a loading plan for loading a 53 foot trailer?
Depends on what you're loading.
What is dynamic loading?
loading which cause movement of the object or structure is called dynamic loading
What are the advantages of carbohydrates loading?
carbohydrate loading is good.
What chemical is used for loading?
Allum is used for loading
Phosphate loading sport banned?
Phosphate loading is legal.
What is program loading?
a program loading is when the program is generating its information
