In the present era, as we have all seen and experienced, especially in recent times, Insurance has become a necessity for everyone. Insurance, whether it be for personal or commercial purposes, has become an indispensable part of our lives. Being a vast industry, one must be aware of many things to learn and perform day-to-day or policy-related operations. In this Blogpost, a portion of those learnings will be discussed. We will discuss Assigned Risk and FAIR Plans for Insurance Companies in the US.
Assigned Risk Plan
Using the concept of assigned risk, certain […]