Which measure could an underwriter use to reduce the risk when underwriting a Disability Income Policy?A. Increase the benefit p
eriod and increase the amount of the benefitB. Shorten the elimination period and increase the amount of the benefitC. Increase the benefit period and shorten the elimination periodD. Shorten the benefit period and increase the elimination period
D. Shorten the benefit period and increase the elimination period
Explanation:
Disability Income Policy is often called as Disability Income or DI. It is form of policy or insurance which insures the earned income of the beneficiary against any risk of disability that might create a barrier for an employee to complete the functions of their duty.
While underwriting a DI insurance, the underwriter must assess the risk the insurer post to become disable and the insurance company has to pay the benefits. Hence the underwriter must take care to avoid taking risk to increase the elimination period and reduce the benefit period of the insurance.
Most of the work in considering and editing bills is done in A) congressional committees. These congressional committees are the first stop after a bill is introduced by a Congress member and is where most of the editing and adjustment takes place before a bill with either move on or be killed.
It will be very hard for the farmers to grow plants that are not growing in too wet soil. They will loss a lot of money because of this season. However, they can grow plants that are capable in wet soil then sell it in the market to be able to cope up with their losses