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Severity
Severity
Severity means the size of a loss; it is one of the criteria used in calculating premiums rates. We thank you for using the Insurance Dictionary to search for Severity. If you have a better definition for Severity than the one presented here, please let us know by making use of the suggest a term option. This definition of Severity may be disputed by other professionals. Our attempt is to provide easy definitions on Severity and any other insurance topic for the public at large. This dictionary contains 199 terms. |
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