Tabular Interest Rate


Definition of "Tabular interest rate"

Dave Freudenberg
  Rinker Realty

Same as term Tabular Plans: retrospective rating system with basic, minimum, and maximum premium rates listed in manual tables. Calculation of an individual premium involves adjusting the basic premium for appropriate discounts, losses, and a tax multiplier. The rate is then set between the minimum and the maximum, based on the loss experience, the size of the risk, and the underwriter's judgment.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Underwriting

The process of making a final determination on approval or rejection of a loan application. Underwr ...

Unsolicited Application

Request for life insurance coverage by an individual, not through an agent or broker. It is given ex ...

Personal Effects Insurance

Coverage outside an insured's home for personal items usually carried or worn while traveling. Prote ...

Asset Depreciation Risk

One of four types of risks affecting the life insurance company as identified by the society of actu ...

Delay Clause

In cash value life insurance policies, provision that allows the insurance company to refuse the pol ...

Experienced Morbidity

Actual morbidity experience of an insured group as compared to the expected morbidity for that group ...

Related Real Estate FAQ

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

What Is A APR Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is A Mortgage?

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How To Get A Loan with Bad Credit Top Five Reasons Your Home Offer was Rejected 3 tips to ensure your sale goes through Rent or Buy - the pros and cons Is it better to buy or sell a home first

FAQ

What is a treasury index? What is a counteroffer? What is commission? What is a convertible ARM? What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans?