Question

What factors are considered in life insurance underwriting?

a.

Health related factors

b.

Lifestyle and habits

c.

Both a and b

d.

None of the above

Answer: (c).Both a and b Explanation:The factors that are analyzed while selecting an individual for life insurance cover in life insurance underwriting are health-related factors (such as medical history, present medical conditions, mental status, and family history) as well as lifestyle and habits (such as personal habits and avocations, drinking habits, smoking habits, tobacco consumption habits, and high-risk hobbies). Therefore, both health-related factors and lifestyle and habits are considered in life insurance underwriting.

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Q. What factors are considered in life insurance underwriting?

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