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Questions and Answers
Which term refers to the estimated value of goods that will be transported during the period of insurance?
Which term refers to the estimated value of goods that will be transported during the period of insurance?
What does the load limit indicate?
What does the load limit indicate?
Why is a farmer who does only 6 trips a year less of a risk compared to a farmer who does 104 trips a year?
Why is a farmer who does only 6 trips a year less of a risk compared to a farmer who does 104 trips a year?
What are the rates based on in this context?
What are the rates based on in this context?
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Why is there a magnitude discount factor applied to the rates?
Why is there a magnitude discount factor applied to the rates?
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Which term refers to the total exposure of goods being transported during the period of insurance?
Which term refers to the total exposure of goods being transported during the period of insurance?
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What does the load limit indicate?
What does the load limit indicate?
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Why is a farmer who does only 6 trips a year less of a risk compared to a farmer who does 104 trips a year?
Why is a farmer who does only 6 trips a year less of a risk compared to a farmer who does 104 trips a year?
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What are the rates based on in this context?
What are the rates based on in this context?
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Why is there a magnitude discount factor applied to the rates?
Why is there a magnitude discount factor applied to the rates?
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