Question

What are the two types of retention that need to be managed?

a.

Per Event and Per Risk

b.

Per Policy and Per Claim

c.

Per Location and Per Coverage

d.

None of the above

Answer: (a).Per Event and Per Risk Explanation:There are two types of retention that need to be managed: Per Event and Per Risk.

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Q. What are the two types of retention that need to be managed?

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