Which one of the following statements is correct?

A. Underwriting is done only when there is a medical examination

B. Medical examination is necessary before a policy can be issued

C. Both the statements above are correct

D. Both the statements above are wrong

Answer: Option D

Solution(By Examveda Team)

Medical underwriting is a health insurance term referring to the use of medical or health information in the evaluation of an applicant for coverage, typically for life or health insurance. The use of medical underwriting may be restricted by law in certain insurance markets.