Question

Who takes the final underwriting decision in the insurance underwriting process?

a.

The insurance office directly

b.

The reinsurers

c.

The TPA

d.

Either a or b

Posted under IC22 Life Insurance Underwriting

Answer: (d).Either a or b Explanation:The final underwriting decision is taken either by the insurance office directly or through the reinsurers depending on the automatic and facultative limits as set in the treaty arrangements between the insurers and the reinsurers.

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Q. Who takes the final underwriting decision in the insurance underwriting process?
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