Rating Challenges and Claim Issues in Farming Transportation
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Questions and Answers

Which group of people is particularly affected by the limited options for commodities?

  • Livestock owners who transport animals
  • Insured individuals who transport goods
  • Policyholders who transport animals
  • Farmers who transport farming goods (correct)

    • Which statement accurately describes the rating of the introduced commodities in PolicyCenter?

  • The rating is the same for all introduced commodities
  • The rating is lower for higher-risk goods
  • The rating is higher for livestock transportation (correct)
  • The rating differs based on the type of goods transported

    • What is the purpose of introducing the undermentioned commodities in PolicyCenter?

  • To ensure correct handling of claims (correct)
  • To reduce the rating of all commodities
  • To exclude livestock transportation
  • To provide more options for policyholders

    • What was the challenge with using the highest risk commodity for rating?

    <p>The commodity description was not always correct at claim stage</p> Signup and view all the answers

    What is the main reason for considering the transit of livestock as a higher risk?

    <p>Livestock transportation poses greater challenges</p> Signup and view all the answers

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