Answered

The risk selection and classification process is known as:

A. The interview.
B. The application.
C. Underwriting.
D. Issuing of a policy.



Answer :

GinnyAnswer

Final answer:

Underwriting is the key process in insurance risk assessment.


Explanation:

Underwriting is the risk selection and classification process in the insurance industry. It involves assessing and evaluating the potential risks associated with insuring a person or property. Insurers use underwriting to decide whether to accept an application, set the appropriate premium, and determine coverage limits.


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https://brainly.com/question/37497187


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