3108. What are the 2 methods of underwriting?

Direct & indirect
Accept or decline
Judgement & Numerical
Openended & closeended methods
✅ The correct answer is C.
Judgement & Numerical are the 2 methods of underwriting.
Judgement Method: Under this methods, subjective judgement is used.
Numerical Method: Under this method underwriting assign positive rating points for all negative or adverse factors.

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