Assertion: probable maximum loss | /r/HasProperty | pml
Facets:
Source sentences:
text: What Is Probable Maximum Loss (PML)?
text: Understanding Probable Maximum Loss (PML)
text: How to Calculate Probable Maximum Loss (PML)
text: Probable maximum loss (PML) is the maximum loss that an insurer would be expected to incur on a policy.
text: Probable maximum loss (PML) is most often associated with insurance policies on property, such as fire insurance or flood insurance.
text: The probable maximum loss (PML) represents the worst-case scenario for an insurer and helps determine the premiums that a policyholder will have to pay on their insurance policy.
text: The probable maximum loss (PML) is the maximum loss that an insurer is expected to lose on an insurance policy.
text: Insurers use various models and data to determine the risk associated with underwriting a policy, which includes the probable maximum loss (PML).
text: Each insurance company defines and calculates probable maximum loss (PML) in a different manner.
text: Calculating probable maximum loss (PML) takes into account the following factors: property value, risk factors, and risk mitigating factors.
text: Insurance companies use a wide variety of data sets, including probable maximum loss (PML), when determining the risk associated with underwriting a new insurance policy, a process that also helps set the premium.
text: Probable maximum loss (PML) is a term used in the insurance industry as well as commercial real estate.