Multiple choice

In this method of underwriting, the underwriter gives rating points for all the negative or adverse factors, totals them and decides extra mortality rating. Which method are we talking about?

  1. Biometric rating

  2. Judgmental rating

  3. Clinical rating

  4. Numerical rating
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D Correct answer
Explanation

In numerical underwriting, underwriters assign positive rating or debit points for all the negative or adverse factors and negative rating or credit points for favorable characteristics of the life being selected. Numerical method of underwriting is widely used for underwriting insurance proposals.

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