Question

In which case would an underwriter defer or postpone a decision on a proposal?

a.

When the applicant is young and healthy

b.

When the applicant has a minor medical condition

c.

When the applicant requires long-term medical treatment

d.

When the applicant engages in dangerous hobbies

Posted under IC22 Life Insurance Underwriting

Answer: (c).When the applicant requires long-term medical treatment Explanation:The underwriter may defer or postpone a decision on a proposal when the applicant has a medical condition that requires long-term treatment, to avoid adding very high risks to the portfolio.

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Q. In which case would an underwriter defer or postpone a decision on a proposal?
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