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Enterprise Systems: SAP, FAS & Insurance Technology

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Multiple Choice

Which one of the following regarding Rating in PLUS is not True?

  1. The User can modify the premium for certain Coverage level only after the rating is done.
  2. Modification of the rated premium requires to be rated again by the Ratabase
  3. Rating of a policy is done by the Ratabase
  4. Modification of the rated premium does not require to be rated again by the Ratabase