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You are an underwriter for ABC Insurance. You received a life insurance proposal for medical insurance...

You are an underwriter for ABC Insurance. You received a life insurance proposal for medical insurance with premium payment. The prospect disclosed that he had undergone surgery to correct a cataract. As an underwriter, what would be your decision with respect to the case?

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Answer #1

Ans- The work of insurance underwriters is to evaluate the risk and exposure of the clients.

Clients are what we know as insurance agency where insurers invest money and claim whenever required.

If I am a underwriter the following below mentioned points i will check:-

1) I will check the insurance policy which the patient has taken.

2) I will Check the eligibility, cross check the documents of operation which the patient or insurer has sent.

3) I will Then decide whether the particular reimbursement is approved or unapproved.

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