Which of the following is not an underwriting decision?
A. Risk acceptance at standard rates
B. Declinature of risk
C. Postponement of risk
D. Claim rejection
Answer: Option D
Solution(By Examveda Team)
Claim rejection is not an underwriting decision. If an insurance company has reason to believe that any information pertaining to these parameters was suppressed, it can reject the claim.Related Questions on Insurance
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