Actuarially Fair

Actuarially Fair,

What is The Meaning of Actuarially Fair?

  • Actuarially Fair means: Explains the cost of insurance according to the estimated loss.

  • An insurance contract is considered fair in practice if the premium payment is equal to the amount received under the policy or the expected amount of benefits.

Literal Meanings of Actuarially Fair

Fair:

Meanings of Fair:
  1. A beautiful woman

  2. According to legal principles or standards.

  3. (Hair or color) light blonde.

  4. Large enough, but not too large in size or quantity.

  5. (Time) Smooth and dry.

  6. Good: Interesting.

  7. Without fraud or attempts to gain an unfair advantage.

  8. The majority of.

  9. (Out of time) will be good.

  10. A tent for public meetings and entertainment.

  11. Smooth lines to reduce drag (from cars, boats or planes).

Sentences of Fair
  1. The Group received fair and equal representation of all its members

  2. Beautiful girl with long blonde hair

  3. I have practiced a lot

  4. Beautiful autumn day

  5. The most beautiful of your daughters

  6. No one can say they are playing fair

  7. Shell will be happy to see you

  8. It looks like a sack that encloses with a drawstring

  9. Streets and bars fill up as visitors walk between the stalls, exhibitions and artists on the streets of Chlorine.

Synonyms of Fair

upright, golden, fete, sun-bleached, nice-looking, pretty good, open-minded, sufficient, passable, sunny, appealing, prepossessing, beautiful, equitable, reasonable, bleached, tow-coloured, average, bottle-blonde, goodish, ravishing, peroxide

Actuarially Fair,

Actuarially Fair: What is the Meaning of Actuarially Fair?

  1. Actuarially Fair means, It describes the cost of insurance according to the expected losses.

  2. A simple definition of Actuarially Fair is: The insurance contract is deemed to be actuarially fair if the premium payment is equal to the amount received under the policy or the expected value of the benefit.

Literal Meanings of Actuarially Fair

Actuarially:

Sentences of Actuarially
  1. In terms of insurance, it is cheaper to insure young people than older people.

  2. There is something sad about a lifestyle victim, which has the expected consequences of alcohol and smoking.

  3. He recalls that when he ran for the first time, he was promised more votes from the field than was actually possible.

  4. The pension program is regulated by law to keep actuaries healthy, while the ponzi scheme does not pass the actuarial health exam.

Fair:

Meanings of Fair:
  1. In accordance with legal rules or standards.

  2. Appropriate or as the case may be.

  3. (Any agent or action) easily without any violence.

  4. (Hitball) The playground was demarcated by the first and third base lines.

  5. Related to the right side of the website.

  6. (Hair or skin) light blonde

  7. (Someone) with fair skin or blonde hair.

  8. Enough, but not too much in size or quantity.

  9. Great but not uncommon.

  10. (Weather) Smooth and dry.

Sentences of Fair
  1. With the best votes in the world, it is impossible to hold free and fair elections under occupation with a war between insurgents and invaders.

  2. Everyone has the opportunity to acquire legal knowledge, which improves the legal system.

  3. You will give the judge a fair trial.

  4. The government's job is to give everyone a fair chance to succeed.

  5. International observers insist that last May's parliamentary elections were generally fair.

  6. We are happy to see our courts return to normalcy and the nation is treated freely and fairly.

  7. It is very difficult to build a democratic, free and just society from the ashes of this dictatorship.

  8. As far as you know and believe, was it a free and fair election?

  9. Experienced voters participate in free and fair elections.

Synonyms of Fair

middling, white, moderate, show, dry, extravaganza, honourable, satisfactory, winning, not bad, gala, luscious, bleached-blonde, stunning, sunshiny, advantageous, presentation, decent, yellowish, ample, spectacle, flaxen, light-coloured, arresting, desirable, acceptable