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Rating for various risk traits involves - on the most elementary level - evaluating the losses with "loss relativities"—a policy with twice as many losses would, therefore, thejillist.com be charged twice as much. More complicated multivariate analyses are typically used when multiple characteristics are concerned and a univariate evaluation could produce confounded outcomes. Other statistical strategies may be utilized in assessing the probability of future losses. The policyholder can choose to pay the time period insurance premiums by way of Net Banking, Debit/Credit playing cards, NEFT or through any e-Wallets.
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