What Does Benchmarking Mean?

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What does Benchmarking mean? Read on to discover the definition & meaning of the term Benchmarking - to help you better understand the language used in insurance policies.

Benchmarking

Benchmarking

The act of comparing a measurement to a standard. It shows you where you are and helps you decide where you want to go.

We hope the you have a better understanding of the meaning of Benchmarking.

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