Multiple Choice
Which one of the following statements is correct?
A) Underwriting is done only when there is a medical examination
B) Medical examination is necessary before a policy can be issued
C) Both (a) an (b) statements are correct
D) Both (a) and (b) statements are wrong
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Financial underwriting is done to evaluate _<br>A)the
Q12: Which one of the following statement is
Q13: Which one of the following statement is
Q14: Subrogation means _<br>A)something of monetary value<br>B)to make
Q15: What is meant by a claim under
Q17: The net premium will be _<br>A)less than
Q18: When interest rates fall, the tabular premium
Q19: Which one of the following statements is
Q20: Moral hazard may be suspected in cases
Q21: Premium fixed by insurance company must be