Question

What is the challenge that underwriters face when granting insurance to non-working women?

a.

It is difficult to arrive at the insurable value where the services of housewives are not compensated financially

b.

Difficulty in assessing the overall profile of the life to be insured

c.

Non-working women are not interested in taking insurance

d.

None of the above

Answer: (a).It is difficult to arrive at the insurable value where the services of housewives are not compensated financially Explanation:It is difficult to arrive at the insurable value where the services of housewives are not compensated financially, presenting a challenge to the underwriter.

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Q. What is the challenge that underwriters face when granting insurance to non-working women?

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