What is LARGE LOSS PRINCIPLE?

Transfering to the insurer high risk low loss securites.

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Related Legal Terms
LARGE-DEDUCTIBLE POLICY, LARGE LINE CAPACITY, NOTICE OF LOSS, PROOF OF LOSS, EXPECTED CREDIT LOSS, LOSS PREVENTION ENGINEER, FIRST LOSS, EXCESS LOSS PREMIUM FACTOR, CONSEQUENTIAL LOSS, MAXIMUM PROBABLE LOSS


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