Judgment method
Numerical method
Any of the above method since an illness like diabetes does not play a major role in the underwriting process
Neither of the above method as diabetes cases are rejected outright
✅ The correct answer is A.
Sheena is suffering from acute diabetes. She has applied for an insurance plan. In this case the underwriter is most likely to use Judgment method for underwriting. The judgment method is generally used where a single factor is to be considered or where the decision for acceptance or rejection is to be taken.
Sheena is suffering from acute diabetes. She has applied for an insurance plan. In this case the underwriter is most likely to use Judgment method for underwriting. The judgment method is generally used where a single factor is to be considered or where the decision for acceptance or rejection is to be taken.