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    3. Insurance and Financial Market Awareness
    4. Insurance Awareness
    5. What is the main role of an insurance underwriter?

    Question

    What is the main role of an insurance underwriter?

    A Paying claims Correct Answer Incorrect Answer
    B Assessing and pricing risks Correct Answer Incorrect Answer
    C Selling policies Correct Answer Incorrect Answer
    D Conducting market surveys Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is C. Assessing and pricing risks. Underwriters evaluate the risk associated with an insurance application and determine the appropriate premium to charge.

    Practice Next
      More Insurance Awareness Questions
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