Principios Generales de SegurosPregunta 580 de 716
The producer's role in field underwriting includes:
a.Calculating the insurer's required reserves
b.Setting the applicant's final premium rate and issuing the binding decision on whether the proposed risk is accepted, rated, or declined by the company
c.Approving the applicant's final risk classification
d.Gathering accurate information and helping ensure the application is complete and truthful, serving as the first line of underwriting
Explicación
As the first line of underwriting, the producer collects accurate, complete information and observes the applicant, but does not set rates, classify risk, or determine reserves, which are the insurer's functions.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)