What Does Loading Mean?

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

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Amount added to net premiums to cover the company's operating expenses and contingencies; includes the cost of securing new business, collection expenses, and general management expenses; excess of gross premiums over net premiums.

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

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