Question

Why is the interface with the client through different modes of communication important in the underwriting audit?

a.

To improve customer service

b.

To evaluate the marketing strategies of the insurance company

c.

To assess the financial performance of the insurance company

d.

To ensure compliance with underwriting guidelines and risk assessment norms

Posted under IC22 Life Insurance Underwriting

Answer: (d).To ensure compliance with underwriting guidelines and risk assessment norms Explanation:The interface with the client through different modes of communication is important in the underwriting audit to ensure compliance with underwriting guidelines and risk assessment norms.

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Q. Why is the interface with the client through different modes of communication important in the underwriting audit?
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