Final answer:
Hobbies are not taken into consideration when assessing risk for disability coverage.
Step-by-step explanation:
The characteristic of an applicant that is NOT taken into consideration when assessing risk for disability coverage is c) Hobbies. When assessing risk for disability coverage, insurance companies typically consider factors like occupation, medical history, and geographic location. Hobbies are not typically considered as a factor in assessing risk for disability coverage.