Question

How can an underwriter adjust ratings for factors affecting residential risks?

a.

By restricting certain benefits or charging extra premium

b.

By denying terms for certain benefits

c.

Both a and b

d.

None of the above

Answer: (c).Both a and b Explanation:The terms offered can comprise of restricting certain benefits or charging extra premium for the benefits or totally denying terms for certain benefits, and the ratings for these factors will need to be adjusted accordingly.

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Q. How can an underwriter adjust ratings for factors affecting residential risks?

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