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3 Cards in this Set
- Front
- Back
The chance or uncertainty of loss. |
Risk |
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Type of merit rating that bases the insured's premium on losses incurred during the policy period. |
Retrospective rating |
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One of the precepts upon which the workers' compensation system was founded. Stipulates that the only means available to employee to receive compensation from employers for injuries covered by workers' compensation laws is through the benefits mandated by those laws. |
Exclusive remedy doctrine |
