Which of the Following Statements Regarding Insurance Underwriting Is True

Multiple Choice

Which of the following statements regarding insurance underwriting is true?

A) Insurance underwriters perform any activity that reduces the chance that a loss will occur.
B) Insurance underwriters perform a process used to avoid an act that would create a risk.
C) Insurance underwriters help insurers determine the insurance needs of the potential insured.
D) Insurance underwriters lessen the severity of loss after it occurs.
E) Insurance underwriters design rate-classification schedules so that people pay premiums that reflect their chance of loss.