Question

What does primary underwriting involve in the underwriting process?

a.

Data analysis at the insurer's office

b.

Information gathering by an agent or company representative

c.

Decision-making regarding premiums

d.

Reviewing demographic data

Answer: (b).Information gathering by an agent or company representative Explanation:Primary underwriting, also known as field-level underwriting, involves information gathering by an agent or company representative to determine whether an applicant is suitable for granting insurance coverage. The agent plays a crucial role in primary underwriting.

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

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