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This question belongs to Commerce Insurance

Insurance

?

Which of the following statements is incorrect in case of a non-medical case?

A) In a non-medical case, risk cannot be assessed in the absence of medical report B) Risk assessment is possible in a non-medical proposal C) More than 90% of people who submit proposals on their lives are accepted at ordinary rates D) In preferred lives, the level of anticipated mortality is likely to be lower than even standard lives E) In preferred lives, the level of anticipated mortality is likely to be lower than even standard lives

Answer & Solution

Correct Answer: Option A

In a non-medical case, risk can be assessed in the absence of a medical report. No medical report is required in a non-medical case.

Question posted by Examveda

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