What Does Holding Power Formula Mean?

Free Business Insurance Quote Click Here
What does Holding Power Formula mean? Read on to discover the definition & meaning of the term Holding Power Formula - to help you better understand the language used in insurance policies.

Holding Power Formula

Holding Power Formula

A formula indicating the maximum dollar amount of incurred losses that can be sustained under a specific retrospective rating plan without triggering additional premiums at any adjustment period.

We hope the you have a better understanding of the meaning of Holding Power Formula.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here