Which is the correct statement?

A. Agent is primary underwriter as also field underwriter

B. Numerical method of underwriting is by far the most objective method

C. Risk in substandard lives is likely to be higher than standard lives on account of increased mortality risk

D. All of the above

Answer: Option D

Solution(By Examveda Team)

All the statements are correct.
Agent is primary underwriter as also field underwriter, Numerical method of underwriting is by far the most objective method and Risk in substandard lives is likely to be higher than standard lives on account of increased mortality risk.