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Rating for various threat traits entails - on the most basic stage - comparing the losses with "loss relativities"—a policy with twice as many losses would, due to this fact, be charged twice as much. More complicated multivariate analyses are typically used when a quantity of traits are involved and a univariate evaluation might produce confounded outcomes. Other statistical methods could also be utilized in assessing the chance of future losses. The policyholder can choose to pay the time period insurance premiums via Net Banking, Debit/Credit playing cards, NEFT or by way of any e-Wallets.
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