Question

What does morbidity rate help insurers predict?

a.

The likelihood that an insured will die

b.

The likelihood that an insured will be involved in an accident

c.

The likelihood that an insured will contract or develop any number of specified diseases

d.

The likelihood that an insured will commit fraud

Posted under IC22 Life Insurance Underwriting

Answer: (c).The likelihood that an insured will contract or develop any number of specified diseases Explanation:Morbidity rate is the expected number of people becoming ill or sick over a defined period, usually a year, and these rates help insurers predict the likelihood that an insured will contract or develop specific diseases.

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