Chapter 6: Life Underwriting Test with 100%
Verified Answers
Which of the following signatures is not required on an individual insurance
application?
A. producer
B. applicant
C. insured
D. insurer - -D. insurer
All of these are typically sources of underwriting information for life or health
insurance EXCEPT
A. consumer reports
B. medical information bureau (MIB) reports
C. disclosure authorization response
D. attending physician's statement (APS) - -C. disclosure authorization
response
An attending physician's statement would be appropriate for which life
insurance purpose?
A. Attending physician's statements are mandatory during the application
process
B. At the request of the applicant to assist in the underwriting decision
C. At the request of the producer to assist in the underwriting decision
D. At the request of the insurer to assist in the underwriting decision - -
D. At the request of the insurer to assist in the underwriting decision
, Chapter 6: Life Underwriting Test with 100%
Verified Answers
All of these are considered sources of underwriting information about an
applicant EXCEPT
A. tobacco use
B. health history
C. age
D. marital status - -D. marital status
Signatures for an insurance application MUST be obtained by the producer
from all of the following sources EXCEPT
A. the producer
B. the insured
C. the policyowner
D. the beneficiary - -D. the beneficiary
An underwriter's primary responsibility to an insurer is to protect against
A. natural selection
B. inverse selection
C. adverse selection
D. risk selection - -C. adverse selection
An applicant's character and personal habits can be obtained for underwriting
purposes from which source?
A. investigative consumer report
Verified Answers
Which of the following signatures is not required on an individual insurance
application?
A. producer
B. applicant
C. insured
D. insurer - -D. insurer
All of these are typically sources of underwriting information for life or health
insurance EXCEPT
A. consumer reports
B. medical information bureau (MIB) reports
C. disclosure authorization response
D. attending physician's statement (APS) - -C. disclosure authorization
response
An attending physician's statement would be appropriate for which life
insurance purpose?
A. Attending physician's statements are mandatory during the application
process
B. At the request of the applicant to assist in the underwriting decision
C. At the request of the producer to assist in the underwriting decision
D. At the request of the insurer to assist in the underwriting decision - -
D. At the request of the insurer to assist in the underwriting decision
, Chapter 6: Life Underwriting Test with 100%
Verified Answers
All of these are considered sources of underwriting information about an
applicant EXCEPT
A. tobacco use
B. health history
C. age
D. marital status - -D. marital status
Signatures for an insurance application MUST be obtained by the producer
from all of the following sources EXCEPT
A. the producer
B. the insured
C. the policyowner
D. the beneficiary - -D. the beneficiary
An underwriter's primary responsibility to an insurer is to protect against
A. natural selection
B. inverse selection
C. adverse selection
D. risk selection - -C. adverse selection
An applicant's character and personal habits can be obtained for underwriting
purposes from which source?
A. investigative consumer report
