Question

What is the purpose of a reference call made by one of the insurance company representatives to the customer?

a.

To verify the information submitted

b.

To answer the queries of the prospective customer

c.

To inform the customer about the medical examination process

d.

All of the above

Answer: (d).All of the above Explanation:A reference call made by one of the insurance company representatives to the customer helps to verify the information submitted, answer the queries of the prospective customer, and inform the customer about the medical examination process.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. What is the purpose of a reference call made by one of the insurance company representatives to the customer?

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. What is a 'proposal form' in the context of life insurance?

Q. What is the main purpose of KYC norms in the insurance industry?

Q. What are the rules that have been recommended for high risk profile persons?

Q. What is the purpose of KYC norms in the insurance industry?

Q. What is the process of medical underwriting in insurance?

Q. What is non-medical underwriting in insurance?

Q. What documents are required as proof of address for KYC norms in insurance?

Q. What is the role of insurance agents in the life insurance proposal process?

Q. What is the Agent's Confidential Report (ACR)?

Q. What adverse factors should be checked when assessing a client's medical and insurance history?

Q. What is a non-medical grid?

Q. What is the "MEDICAL-SUM-AT-RISK"?

Q. How is the medical test requirement determined for a client?

Q. What does an insurance company consider to determine whether a proposal is to be underwritten on a medical or non-medical basis?

Q. Under what circumstances may an underwriter treat a proposal under the medical scheme even if the client falls under the norms applicable for non-medical acceptance according to the non-medical grid?

Q. What factors and details are an important part of evaluating the risk profile of an individual?

Q. What is body mass index (BMI)?

Q. What have medico-actuarial studies proven about the extra risk associated with being either overweight or underweight?

Q. What is the purpose of build charts and tables?

Q. What is the medical-sum-at-risk (MSAR)?

Recommended Subjects

Are you eager to expand your knowledge beyond IC22 Life Insurance Underwriting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!