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This question belongs to Commerce Insurance

Insurance

?

Which one of the following statements is correct?

A) The underwriter determines the premium to be charged B) The underwriter is an employee of the insurer C) Both the statements above are correct D) Both the statements above are wrong

Answer & Solution

Correct Answer: Option C

Both the statements above are correct.
The underwriter determines the premium to be charged and the underwriter is an employee of the insurer.

Question posted by Examveda

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