Question

What does the underwriter do after assessing extra mortality rates?

a.

Classifies the risk as standard, sub-standard or highly sub-standard

b.

Accepts the risk without any additional requirements

c.

Rejects the risk without any additional requirements

d.

None of the above

Posted under IC22 Life Insurance Underwriting

Answer: (a).Classifies the risk as standard, sub-standard or highly sub-standard Explanation:After assessment of extra mortality rates, the underwriter classifies the risk as standard, sub-standard or highly sub-standard. Based on the level of risk, the underwriter can choose to accept or reject the risk.

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Q. What does the underwriter do after assessing extra mortality rates?
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