Multiple choice

Which of the following is not one of the main feature of underwriting in insurance?

  1. To identify risk based upon the characteristics

  2. To determine the level of risk presented by the proposer

  3. To ensure that the insurance business is conducted on sound lines

  4. None of the above
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D Correct answer
Explanation

The main features of underwriting are as follows

i.    To identify risk based upon the characteristics ii.   To determine the level of risk presented by the proposer iii.  To ensure that the insurance business is conducted on sound lines

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