Q. What is the role of underwriters in the process of underwriting?

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Q. What is the first step that an underwriter follows in life insurance underwriting?

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Q. Which of the following sources can underwriters use to gather information for assessing the risk?

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Q. How does the underwriter measure the level of risk associated with an individual proposal?

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Q. What decision is taken if the predictive mortality does not deviate too much from that indicated in the mortality table provided by the actuaries?

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Q. When can the risk be postponed?

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Q. What decision is taken if the mortality risk is found to be substantially high when compared to the mortality table and is either predicted to remain static or may increase in the future?

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Q. What is the purpose of underwriting in life insurance?

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Q. Who are the professionals hired by insurance companies to perform underwriting?

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Q. What are the sources of information that underwriters use to assess the risk associated with an individual?

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Q. What is the purpose of rating the risk in life insurance underwriting?

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Q. Why does the underwriter need to ensure that the premium charged to the policyholder is sufficient to cover the risk associated with the policyholder?

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Q. Who performs the task of underwriting?

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Q. What is the first step in life insurance underwriting?

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Q. How does an underwriter measure the level of risk associated with an individual proposal?

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Q. What are the ratings provided by the underwriter to individual cases in the process of rating the risk?

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Q. What decision is taken if the mortality risk is found to be higher than the standard mortality table?

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Q. What decision is taken if the mortality risk is found to be substantially high and is either predicted to remain static or may increase in the future?

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Q. How is the premium to be charged to the proposer determined?

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Q. What is the standard premium charged to individuals?

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