New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Underwriting process involves:

    A Decision on staff recruitment Correct Answer Incorrect Answer
    B Decision on investment Correct Answer Incorrect Answer
    C Decision on employee benefits Correct Answer Incorrect Answer
    D Decision on risk acceptance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Underwriting is the process of assessing, evaluating, and accepting or rejecting insurance applications. It involves making decisions on the level of risk associated with each application and determining the appropriate premium to charge.

    Practice Next