ABC insurer is in the process of underwriting Kara's disability income policy. Which factors is most important to the insurer in underwriting her coverage?

Question

asked Apr 4, 2024 210k views

1 Answer

Harish Sharma · Answer 1 · 2024-04-09T07:45:07+0000

The most important factors for an insurer in underwriting Kara's disability income policy include her health history, occupation and income, and age.

The most important factors for an insurer in underwriting Kara's disability income policy would include:

Health history: The insurer will consider Kara's medical history, including any pre-existing conditions or past illnesses, to determine the level of risk associated with insuring her.
Occupation and income: The insurer will assess Kara's occupation and income to determine the potential impact of a disability on her ability to work and earn an income.
Age: The insurer will consider Kara's age to assess the likelihood of disability occurring at different stages of her life.