What is a Mid Term Adjusment ?

lucio.ferrao · Posted: Sun Nov 04, 2007 6:48 pm Post subject: What is a Mid Term Adjusment ?

In a Policy, What is a Mid Term Adjusment ?

Jaanu · Posted: Mon Nov 05, 2007 2:38 pm Post subject:

If you are doing any adjustment like make changes in a policy that is MTA(Mid Term Adjustment). Consider that you are adding your driver into the car Policy, that is an MTA. you can make active your MTA at any point of time.

intelligentassasinator · Posted: Mon Nov 05, 2007 5:18 pm Post subject:

well adding certain new features to ur policy in the middle which in sm way is directly realted to the policy u have earlier taken is know as a MTA(Mid Term Adjustment).

example can be adding insurance of ur worker/labourer to the insurance policy taken on ur machine .......................if like ur labour hand get cut of operating a machine

Jaanu · Posted: Tue Nov 06, 2007 10:53 am Post subject:

Based upon your MTA either your premium will increase or decrease..

Lucasto · Posted: Wed Nov 07, 2007 7:33 pm Post subject: Yeah Jaanu

Thanx for de information jaanu and intelligentassasinator

What is a Mid Term Adjusment ?

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