Question: Ike, as an underwriter for IIA Insurance Company, knew his rates needed to include loss expenses, as well as profits and contingencies. Ike also had

Ike, as an underwriter for IIA Insurance Company, knew his rates needed to include loss expenses, as well as profits and contingencies. Ike also had to pay premium taxes, general expenses and licenses and fees paid to government, regulatory, and advisory organizations. These expenses are generally included in ratemaking as Select one: A. The expense provision. B. The pure premium. C. The loss adjustment expenses. D. Allocated expenses

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