Question

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

a.

At the agent's office

b.

At the primary underwriting level

c.

At the underwriting department in the insurer's office

d.

At the insurer's head office

Posted under IC38 Life Insurance Agent Exam

Answer: (c).At the underwriting department in the insurer's office Explanation:The major part of underwriting takes place at the underwriting department in the insurer's office, where specialists analyze all the relevant data on the particular risk and make decisions regarding insurance acceptance, terms, and premiums.

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