Question

For which of the following purposes is a clinical review of a diabetic applicant required by insurance companies?

a.

To check on diabetic stage

b.

To look for evidence of diabetic complications

c.

To look for possible cure

d.

To assess the damage

Posted under IC22 Life Insurance Underwriting

Answer: (b).To look for evidence of diabetic complications Explanation:Insurance companies require a clinical review of diabetic applicants to look for evidence of diabetic complications because the presence of complications like retinopathy and early nephropathy require additional loadings, while the presence of complications like stroke, heart diseases, and established kidney disease may require declination of the risk altogether. Therefore, it is important for insurance companies to assess the excess mortality risk in diabetic applicants accurately to make informed decisions about underwriting risk selection.

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Q. For which of the following purposes is a clinical review of a diabetic applicant required by insurance companies?
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