Question

What is an example of constant extra risk?

a.

An obese person who is considered low risk at the time of underwriting, but with the advancement of age is prone to certain diseases such as high blood pressure, diabetes, or heart disease

b.

An individual who has been diagnosed with tuberculosis at the time of underwriting, but gets better with medical treatment and rest, and becomes perfectly healthy again, without any symptoms.

c.

A pilot, as there is always a chance of an accident in their occupation.

d.

None of the above.

Answer: (c).A pilot, as there is always a chance of an accident in their occupation. Explanation:In constant extra risk, the mortality risk remains the same throughout the duration of time for which the life assured is exposed to the risk. For example, if an individual is a pilot, the risk associated with him will remain constant even in the future as long as his occupation is a pilot, as there is always a chance of an accident.

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Q. What is an example of constant extra risk?

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