TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

insurance charge [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1990-02-23

English

Subject field(s)
  • Insurance
OBS

In retrospective rated risks there is an element of risk that losses will exceed the maximum set by the rated figure and still be below the policy limits. In rating such risks therefore, a preliminary estimate may be made for this contingency and the amount so included is known as the insurance charge.

French

Domaine(s)
  • Assurances

Spanish

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