Which of the Following Statements Regarding Insurance Underwriting Is True

question 9

Multiple Choice

Which of the following statements regarding insurance underwriting is true?

• A) Insurance underwriters perform any activity that reduces the chance that a loss will occur.
• B) Insurance underwriters perform a process used to avoid an act that would create a risk.
• C) Insurance underwriters help insurers determine the insurance needs of the potential insured.
• D) Insurance underwriters lessen the severity of loss after it occurs.
• E) Insurance underwriters design rate-classification schedules so that people pay premiums that reflect their chance of loss.

Learn different techniques for selecting text within a document.

Identify the process of modifying the appearance of text and paragraphs.

Recognize the function and application of various document elements such as font, style, theme, and color schemes.

Distinguish between character formatting and paragraph formatting.

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Definitions:

Reaction Mechanism

The step-by-step sequence of elementary reactions by which overall chemical change occurs.

Free-radical Polymerization

A method of polymerization that involves the polymer growth through the successive addition of free-radical building blocks.

BuLi

Short for Butyllithium, an organolithium reagent commonly used in organic synthesis to deprotonate acidic compounds and perform nucleophilic additions.

PhOH

The abbreviation for phenol, representing a hydroxyl group (-OH) bonded to a benzene ring.