Term Papers on Api from Term Papers Lab.
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Key Words and Phrases
Unfair Discrimination involves applying different underwriting standards to risks that have the same basic characteristics and loss potential
Primary rating factors to differentiate the premium by the major classifications of driver and use characteristics. Secondary rating factors refine the premium for selected driver and vehicle use characteristics.
Graying (population) refers to the overall aging of the population. The "baby boomers" who were born between 1946 and 1964, form a large percentage of the population. As this group ages, the average age of the population increases.
Tort state provides for compensation to a victim of an auto accident through legal remedies.
No-fault state offers policyholders the right to recover financial losses from his or her own insurance, regardless of whose fault cause the accident. This recovery is offered in the form of PIP coverage (personal injury protection)
Named nonowner coverage......
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Title: Api
Approximate Word Count: 2956
Approximate Pages: 12 (250 words per double-spaced page)
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