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Pick out the incorrect sentence.

A. Underwriting is risk assessment in a proposal on the life of the proposer for offering him life cover

B. Prevention of selection against the insurer is the purpose of underwriting

C. Underwriting is a needless exercise in today’s environment of inadequate coverage of population for life insurance

D. Underwriting process defines and determines the premium chargeable on the proposal for covering risk

Answer: Option C

Solution(By Examveda Team)

Underwriting is a needed exercise in today’s environment of inadequate coverage of population for life insurance.

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