Insurance Exam Vocabulary Terms
Retrospective Rating
The process of determining the cost of an insurance policy based on the actual loss experience determined as an adjustment to the initial premium payment.
Other terms you may be interested in:
Our Insurance Exam Prep Includes...
- Hundreds of Insurance Practice Test Questions (that apply to your state)
- Insurance Vocabulary Flashcards
- Study-Mode & Timed-Exam Mode
- Take Unlimited Tests For 1 Year
- User-Friendly On All Devices
- 2024 Updated Material
- Insurance Exam Tip Videos
- Support From Licensed Instructor
- Insurance Terms & Glossary
- Pass Money Back Guarantee
