A
Alan2007
Member
I know that the measure of exposure for commercial property is the sum insured year.
One of the reason as to why the measure of exposure is complicated is that there is no standard way of allowing for inflation in the policy unlike household property policy.
Can someone explain the above reason with an example please?
Many Thanks
One of the reason as to why the measure of exposure is complicated is that there is no standard way of allowing for inflation in the policy unlike household property policy.
Can someone explain the above reason with an example please?
Many Thanks