What are the 2 methods of underwriting?

A. Direct & indirect

B. Accept or decline

C. Judgement & Numerical

D. Openended & closeended methods

Answer: Option C

Solution(By Examveda Team)

Judgement & Numerical are the 2 methods of underwriting.
Judgement Method: Under this methods, subjective judgement is used.
Numerical Method: Under this method underwriting assign positive rating points for all negative or adverse factors.