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

In DXC/CSC insurance rating systems (like RAMP), Reason Code 702 signifies a rating failure due to missing or invalid premium limit tables, incorrect state configurations, or invalid territory codes. Since any of these issues can independently trigger the error, 'All of these' is the correct descriptor.