Important Points for IC 22 - Life Insurance Underwriting Exam
Page 16 Of 64
Go to:
The risk appetite differs among insurance companies and is defined by actuaries and senior management of the company.
Risk tolearce depends upon the available risk capital with the company.
Gene tests, also known as DNA-based tests that are considered to be the most sophisticated of techniques, are used to test for genetic disorders in an individual. But the same are not used in India as a pre-insurance screening tool.
MSAR does not include the amount of insurance with other insurance companies, within a period of 24 months preceding and including the current proposal or application.
The core underwriting team is responsible for underwriting medical and non-medical proposals according to the guidelines laid down by the insurance company and regulators.
MODELEXAM® 
www.realsoftinfoplan.com