solve three pictures

Rates should not fluctuate with changes to economic conditions. * True O False Determining rates based on past experience is: * Schedule Rating Experience Rating O Retrospective Rating O Unbiased Rating The amount that must be added to the pure premium to cover expenses and earn profit is: * Gross Rate ! O Loading Claims that incurred but not reported falls under: IBNR reserve Tabular Method Unearned Premium Reserve Both a and b Balance Sheet primarily consists of * O Revenue, Assets, and Equity None of the above Equity, Assets, and Liabilities Assets, Liabilities, and Income Rates should not fluctuate with changes to economic conditions. True Life expectancy refers to: * The average number of years a person can expect to live O All of the above The number of years a person wish to live O How you expect to live Life insurance is justified if the insured has no earned income: False True