Q471
Which of the following is not an underwriting decision?
A.
Risk acceptance at standard rates
B.
Declinature of risk
C.
Postponement of risk
D.
Claim rejection
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Claim rejection is not an underwriting decision. If an insurance company has reason to believe that any information pertaining to these parameters was suppressed, it can reject the claim.