Q. Which of the following is an example of moral hazard?

View solution

Q. Which aspect of family history is considered in medical underwriting to assess mortality risk?

View solution

Q. What is one of the key factors evaluated in medical underwriting?

View solution

Q. Why do life insurers need to be cautious when dealing with individuals having adverse family history?

View solution

Q. What is the significance of personal history in medical underwriting?

View solution

Q. What type of report may be called for individuals with adverse family history in medical underwriting?

View solution

Q. What is a person's build in the context of medical underwriting?

View solution

Q. What does high blood pressure indicate in medical underwriting?

View solution

Q. What does backdating mean in the context of insurance policies?

View solution

Q. What can the specific gravity of urine indicate in medical underwriting?

View solution

Q. What does it mean when a person's chest is expanded by at least four centimeters in the context of build?

View solution

Q. What is one purpose of backdating an insurance policy?

View solution

Q. How can backdating be beneficial in terms of the premium?

View solution

Q. Why might someone backdate their insurance policy to coincide with their birthday or anniversary?How does backdating affect the tenure of an insurance policy?

View solution

Q. Why might someone backdate their insurance policy to coincide with their birthday or anniversary?

View solution

Q. What scenario might make someone consider backdating their insurance policy to the period of maximum earnings?

View solution

Q. What is the purpose of risk classification in underwriting?

View solution

Q. What is the term used for life insurance proposals that are selected without a medical examination?

View solution

Q. What is one of the factors considered in medical underwriting?

View solution

Q. Why is heredity history of importance in medical underwriting?

View solution