Question

Which of the following would probably not be considered in underwriting a health insurance risk:

a) Pre-existing medical conditions
b) Family medical history
c) Occupation
d) Social media activity

Answer 1

In the underwriting process of health insurance risks, pre-existing conditions, family medical history, and occupation are typically considered important factors. However, social media activity is generally not relevant for such assessments and is unlikely to be taken into account by insurers.

Step-by-step explanation:

When underwriting a health insurance risk, insurance companies typically consider several factors to assess the risk involved in providing insurance to an individual. Among the options provided:

• Pre-existing medical conditions
• Family medical history
• Occupation

However, Social media activity would probably not be considered in underwriting a health insurance risk. It's crucial for underwriters to assess potential risks, including pre-existing conditions and family history, as these can predict future health expenses. Occupation is also considered, as some professions may carry higher health risks. On the other hand, social media activity is less relevant from an actuarial standpoint and typically not factored into the assessment of a health insurance risk.