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Term of the Day
experience refund
experience rating
experimental finance
Definition
A
fixed
amount
of the
net profit
of a
reinsurance
policy
that must be given to the ceding
insurer
under
profit sharing
at the year's end.
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Nearby Terms
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experience
experience adjus...
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experimental fin...
expiration
expiration card
expiration cycle
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Popular 'Insurance' Terms
escrow
annuity
OASDI
risk
comprehensive insurance
insurance
contingent beneficiary
coinsurance
insurance policy
insurance premium
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