Multiple choice technology testing

When a policy created through Q&I is in rating error – Reason code 702, it shows that

  1. The policy cannot be rated because the rate tables do not contain rates for the limits which show in the premium section.

  2. Limits are invalid for the rating state or province.

  3. Invalid territory

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Reason code 702 for rating errors indicates multiple issues: missing rate table entries for displayed limits, invalid limits for the rating state/province, and invalid territories. All three conditions can trigger this error code.

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