Question

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

a.

The total face-value or sum assured under risk for a certain policy

b.

The total face-value or sum assured of all insurance policies with the insurer

c.

The total amount of insurance with other insurance companies

d.

The total amount of premiums paid by the applicant

Posted under IC22 Life Insurance Underwriting

Answer: (a).The total face-value or sum assured under risk for a certain policy Explanation:Medical-sum-at-risk (MSAR) refers to the total face-value or sum assured under risk for a certain policy for ascertaining the type of medical tests to be done by the life proposed as pre-insurance screening.

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