Which of the following is not an underwriting decision

Home / Commerce / Insurance / Question

Examveda

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.

This Question Belongs to Commerce >> Insurance

Which of the following is not an underwriting decision?

Solution (By Examveda Team)

Join The Discussion

Read More: MCQ Type Questions and Answers