Question

What is the purpose of calculating the medical-sum-at-risk?

a.

To determine the type of medical tests to be done by the life proposed as pre-insurance screening

b.

To determine the total financial-sum-at-risk of an individual

c.

To determine the applicant's occupation

d.

To evaluate the applicant's financial status

Posted under IC22 Life Insurance Underwriting

Answer: (a).To determine the type of medical tests to be done by the life proposed as pre-insurance screening Explanation:The purpose of calculating the medical-sum-at-risk is to determine the type of medical tests to be done by the life proposed as pre-insurance screening.

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Q. What is the purpose of calculating the medical-sum-at-risk?
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