Q539
Indicate the correct sentence
A.
In complex cases the underwriter may adopt judgment method, rather than numerical method only
B.
Decision as to acceptability of risk is that of the underwriter
C.
Postponement of risk is also a kind of underwriting decision
D.
All of the above
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
All the statements are correct. In complex cases the underwriter may adopt judgment method, rather than numerical method only, Decision as to acceptability of risk is that of the underwriter and Postponement of risk is also a kind of underwriting decision.