Are you having trouble answering the question “If a home office underwriter obtains MIB codes inconsistent with information provided on the application, what is the underwriter required to do?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
If a home office underwriter obtains MIB codes inconsistent with information provided on the application, what is the underwriter required to do?
A
Refer the case to the state Insurance Department for possible insurance fraud
B
Conduct further investigation to obtain more information prior to making a decision
C
Issue the policy at a higher premium due to the undisclosed higher risk
D
Automatically reject the application and order any premium paid refunded
Answer: B
You should now have gotten the answer to your question “If a home office underwriter obtains MIB codes inconsistent with information provided on the application, what is the underwriter required to do?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
