What are the two methods of underwriting?

What are the two methods of underwriting? Correct Answer Judgement and numerical

Judgement and numerical are the two methods of underwriting. In the judgement method, subjective judgment is used, often relying on the expert opinion of a medical professional known as the medical referee, especially when the deciding case is complex.
Bissoy MCQ

Related Questions

What is the meaning of the term non-medical underwriting?
Number of cases which gets accepted by the underwriting under Non-medical are –
Which of the following factors are taken into account for financial underwriting?
_________ method of underwriting is suitable while deciding a complex case, e.g. whether to give insurance to someone who has acute diabetes.
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 is the most common underwriting decision?
Which of the following is not an underwriting decision?
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)?
Which of the below insurance proposal is not likely to qualify under non-medical underwriting?
Who of the following may not qualify for a nonmedical underwriting?