Q. What is the term for individuals whose expected morbidity (chance of falling ill) is average?

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Q. Who are considered "preferred risks" in underwriting?

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Q. What are "substandard risks" in the context of underwriting?

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Q. What is the term for individuals who are highly prone to sickness and making claims, making them difficult to insure even at higher premium rates?

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Q. What does the term "Moral Hazard" refer to in the context of insurance?

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Q. What does it mean when an individual is classified as a "Declined Risk" in underwriting?

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Q. What does primary underwriting involve in the underwriting process?

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Q. What is the role of an insurance agent in primary underwriting?

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Q. Why is the role of an agent crucial in the underwriting process?

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Q. Where does the major part of underwriting take place in the insurance company?

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Q. What is portability of health insurance as defined by IRDAI?

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Q. When can the process of portability be initiated by an insured individual?

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Q. How much time in advance should an insured individual request porting to the old insurer?

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Q. Which entity maintains data about all health insurance policies issued by insurance companies to individuals?

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Q. What terms of the new policy, including the premium, are decided by the new insurance company during portability?

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Q. What is migration of health insurance, as defined by IRDAI?

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Q. When can a policyholder apply for migration of their health insurance policy?

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Q. Can insurers levy charges exclusively for migration of health insurance policies?

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Q. What is the basis for risk classification and premium determination in health insurance underwriting?

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Q. Why is age proof required in the underwriting process for health insurance?

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