Multiple choice

What are the two methods of underwriting?

  1. Direct and indirect

  2. Accept and decline

  3. Judgement and numerical

  4. Open-ended and close-ended

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Judgement and numerical are the two methods of underwriting. In the judgement method, subjective judgment is used, often relying on the expert opinion of a medical professional known as the medical referee, especially when the deciding case is complex.