TERMIUM Plus®

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

SCHEDULE RATING [1 record]

Record 1 2009-09-17

English

Subject field(s)
  • Insurance
DEF

A system of making rates whereby the good and bad features of the risk itself are factors in determining the rate as opposed to "judgement rating" or "class rating."

OBS

Insurers have been able to develop a schedule of rates because experience has shown a direct relationship between certain physical characteristics and the possibility of loss.

French

Domaine(s)
  • Assurances

Spanish

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