Risk acceptance at standard rates
Declinature of risk
Postponement of risk
Claim rejection
✅ The correct answer is D.
Claim rejection is not an underwriting decision. If an insurance company has reason to believe that any information pertaining to these parameters was suppressed, it can reject the claim.
Claim rejection is not an underwriting decision. If an insurance company has reason to believe that any information pertaining to these parameters was suppressed, it can reject the claim.