Question

What is the role of underwriters in the life insurance underwriting process?

a.

Review and approve life insurance proposals

b.

Select and classify risks with respect to the client

c.

Process the medical examination reports

d.

None of the above

Answer: (b).Select and classify risks with respect to the client Explanation:The underwriters are responsible for selecting and classifying risks with respect to the client. They may request for personal medical records of the life to be assured before or after reviewing the life insurance application and medical examination test reports.

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Q. What is the role of underwriters in the life insurance underwriting process?

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