When an underwriter has to be very careful?

When an underwriter has to be very careful? Correct Answer When sum insured is very large

An underwriter is an investment bank that helps companies introduce their new securities to the market. In the insurance business, an underwriter is a company liable for insured losses in return for a fee (premium).
Bissoy MCQ

Related Questions

Who is primary underwriter or field underwriter?
Amrita is pregnant. She has applied for a term insurance cover. WHICH of the below option will be the best option to choose for an underwriter to offer insurance to Amrita? Choose the most likely option.
Which of the following companies is the largest no-life insurance underwriter in Bangladesh terms of gross premium, network of offices and trained manpower?
In this method of underwriting, the underwriter gives rating points for all the negative or adverse factors, totals them and decides extra mortality rating. Which method are we talking about?
Which of the following denotes the underwriter’s role in an insurance company?
Under what method of underwriting does an underwriter assign positive rating points for all negative or adverse factors (negative points for any positive or favourable factors)?
Be careful, he is a very ______ man.
Be careful, he is a very — man.
You must be very careful if you - a bicycle in a city
Mrs. Ahmed is very much careful about her three children and does not allow them to make sound even at play time. What should she be called?