Question

What factors determine the amount of premium loading an insurer imposes?

a.

The policyholder's age, medical history, and occupation

b.

The type of policy the policyholder is applying for

c.

The insurer's underwriting guidelines and reinsurance treaty guidelines

d.

The policyholder's financial documents

Posted under IC22 Life Insurance Underwriting

Answer: (c).The insurer's underwriting guidelines and reinsurance treaty guidelines Explanation:The amount of premium loading that an insurer imposes is determined by their underwriting guidelines and reinsurance treaty guidelines. The policyholder's age, medical history, and occupation may also be factors that are considered.

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Q. What factors determine the amount of premium loading an insurer imposes?
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