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Understanding Loss Sensitive Plans

Understanding Loss Sensitive Plans

Quick Overview

Some insureds are very happy using guaranteed cost insurance policies, but others can benefit from a more complex insurance program. Join us as Richard Faber discusses large deductible plans, retroactive rating systems, and other loss-sensitive insurance plans.


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Duration 1 hour
Location Online Webinar
Formats On-Demand
Instructor Richard FaberRichard Faber

Large deductibles, retros, and self-insurance oh my!  As risks get larger and insurance premiums rise, loss-sensitive plans such as large deductibles and retros can assist insureds to take control over the cost of their risk management program.  But structuring and evaluating requires a different point of view and a different set of skills.

By the end of this webinar, you should be able to:

  • Discuss the basics of loss-sensitive plans
  • Describe the different types of plans that clients can use to accept greater risk
  • Describe who should consider loss-sensitive plans
  • Discuss the basics of evaluating loss-sensitive plans
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