Question

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

a.

Accept the risk

b.

Accept the risk with special terms

c.

Postpone the risk

d.

Decline the risk

Posted under Life Underwriting Principles and Concepts Part 1 IC22 Life Insurance Underwriting

Answer: (a).Accept the risk Explanation:If the predictive mortality does not deviate too much from that indicated in the mortality table provided by the actuaries, then the risk is accepted by the underwriter.

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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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