Which of the Following Attributes Would Not Be Used by an Underwriter

question 5

Multiple Choice

Which of the following attributes would not be used by an Underwriter to determine the appropriate premiums to charge for insurance?

• A)Marital status
• B)Gender
• C)Health
• D)Age
• E)Occupation

---

Definitions:

Amortization

The method of distributing the expense of a non-physical asset across its lifespan.

Market Rate

The prevailing rate of interest available in the marketplace for securities or loans.

Bond Issue

The process of offering bonds for sale to investors by an issuer as a method of raising capital.

Discount

A reduction in the normal cost or price of a product or service, or the amount by which a bond is sold below its face value.