Meaning Risk Class
What does Risk Class mean? Here you find 6 meanings of the word Risk Class. You can also add a definition of Risk Class yourself

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Risk Class


Risk class, in insurance underwriting, is a grouping of insureds with a similar level of risk. Typical underwriting classifications are preferred, standard and substandard, smoking and nonsmoking, mal [..]
Source: ambest.com

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Risk Class


A grouping of insureds with a similar level of risk. Typical underwriting classes include Non-Tobacco User Preferred-Plus, Non-Tobacco User Preferred, Non-Tobacco User Standard-Plus, Non-Tobacco User Standard, Tobacco User Preferred, and Tobacco User Standard.
Source: lifeinsuranceinsights.com

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Risk Class


In organizational insurance, these are groups of insureds that represent ostensibly similar risk, in the eyes of the insurance company. The most common classes of risk are, standard, substandard, pref [..]
Source: erieri.com

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Risk Class


In insurance underwriting, risk class is a consortium of insureds with an equal degree of risk. Generally, the underwriting classifications are preferred, standard and substandard, smoking and nonsmok [..]
Source: definitions.uslegal.com

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Risk Class


Risk class, in insurance underwriting, is a grouping of insureds with a similar level of risk. Typical underwriting classifications are preferred, standard and substandard, smoking and nonsmoking, male and female.
Source: lgamerica.com

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Risk Class


Risk class, in insurance underwriting, is a grouping of insureds with a similar level of risk. Typical underwriting classifications are preferred, standard and substandard, smoking and nonsmoking, male and female.
Source: clements.com





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