Q. What is the responsibility of the reinsurance unit of the underwriting-support team?

View solution

Q. What does the underwriting support team do?

View solution

Q. What is the main responsibility of the underwriting support team?

View solution

Q. What criteria are considered for granting individual limits for underwriters?

View solution

Q. Who amongst the following persons/teams is responsible for underwriting medical and non-medical proposals according to the guidelines laid down by the insurance company and the regulators?

View solution

Q. What determines the underwriting philosophy of an insurance company?

View solution

Q. Why is it important for an insurance company to screen its agents before enrolling them?

View solution

Q. Why are service standards important for an insurance company?

View solution

Q. What is the role of management in determining an insurance company's underwriting philosophy?

View solution

Q. How does an insurance company's risk appetite impact its underwriting rules and guidelines?

View solution

Q. What is the importance of underwriting philosophy for an insurance company?

View solution

Q. What should an insurance company ensure before accepting a risk?

View solution

Q. What is genetic testing in life insurance?

View solution

Q. How does genetic testing help insurance companies in screening individuals?

View solution

Q. If an individual's gene test indicates the presence of a certain gene, how will the insurance company categorize the individual?

View solution

Q. What happens if an individual's gene test indicates the absence of a certain gene?

View solution

Q. Is genetic testing done as a pre-insurance screening process in India?

View solution

Q. What are the reasons for genetic testing?

View solution

Q. What are the advantages of genetic testing in insurance?

View solution

Q. What are the disadvantages of genetic testing?

View solution