Final answer:
Tje correct answer is option b. In the underwriting process of life insurance, factors like coverage limits and health conditions are considered, but an applicant's home address is generally not a factor in determining life insurance eligibility or premiums.
Step-by-step explanation:
The question relates to the underwriting process of a life insurance policy, which involves assessing various risk factors to determine the policy premium and eligibility. When underwriting a life insurance policy, insurance companies consider a range of factors including the desired coverage limits, an individual's pre-existing health conditions, and sometimes even an individual's income, as it may reflect their ability to pay the premiums and their need for insurance.
However, an applicant's home address is generally not a significant factor in determining life insurance coverage since it does not directly affect the risk of mortality the way health conditions and behaviors do. Therefore, the option that is not a factor in underwriting a life insurance policy is (b) an applicant's home address.