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

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Definitions:

Compensation Method

The method of offsetting negative product aspects with better benefit aspects.

Valid Objection

A genuine concern or issue raised by a prospective buyer that needs to be addressed or resolved by the seller for the sales process to advance.

Prospect's Objection

The concerns or hesitations raised by a potential customer against purchasing a product or service.

Reason To Buy

The motivation or justification that persuades a customer to make a purchase.