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Commerce · Q533

Insurance

Graduate and Post Graduate · Commerce · question 533

Q533

Pick out the incorrect statement.

A.
In a medical examiner’s report physical features like height, weight, blood pressure, etc need to be stated for proper risk assessment
B.
If a proposal cannot be considered as a non-medical case for underwriting, a medical report is essential
C.
There is no such thing as non-medical underwriting
Answer
D.
Ration card is a non-standard proof of age

Answer: Option C

Solution

Answer: Option C
Solution:
Non Medical Life Insurance is for those who want the quickest possible coverage without going through a longer underwriting process. This product is a fully underwritten product which allows for rapid decision on available medical criteria.