Question

What is the final step in the underwriting process?

a.

Gathering information from agents

b.

Determining premium rates

c.

Assessing and classifying risk based on received information

d.

Filling out proposal forms

Posted under IC38 Life Insurance Agent Exam

Answer: (c).Assessing and classifying risk based on received information Explanation:The final step in the underwriting process is assessing and classifying the risk based on the received information.

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Q. What is the final step in the underwriting process?
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