American_Bankers_Association
CTFA · Question #320
Underwriting directly affects an insurance company's chances of success. If underwriting standards are too high, then people will be unjustly denied insurance converge and insurance sales will:
The correct answer is C. Drop. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
Underwriting directly affects an insurance company's chances of success. If underwriting standards are too high, then people will be unjustly denied insurance converge and insurance sales will:
Options
- ABoost up
- BRise
- CDrop
- DRemain same
How the community answered
(41 responses)- A17% (7)
- B2% (1)
- C73% (30)
- D7% (3)
Topics
#underwriting standards#insurance sales#risk selection#coverage denial
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