Question

How does non-medical underwriting differ from medical underwriting in terms of speed and premiums?

a.

Non-medical underwriting is slower but has lower premiums

b.

Non-medical underwriting is faster but has higher premiums

c.

Both are equally speedy and have similar premiums

d.

Non-medical underwriting is unrelated to speed and premiums

Answer: (b).Non-medical underwriting is faster but has higher premiums Explanation:Non-medical underwriting is faster but may have relatively higher premiums compared to medical underwriting.

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Q. How does non-medical underwriting differ from medical underwriting in terms of speed and premiums?

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