Which of the following is NOT considered a source of underwriting information about an applicant?

Which of the following is NOT considered a source of underwriting information about an applicant?

• A. Patient Records
• B. Rating Services
• C. Medical Exam Reports
• D. Agent Interviews

Answer: (B)

Rating services are primarily used to assist insurers in assessing risk and setting rates based on information gathered from a wide variety of sources. They compile statistical data on mortality, morbidity, and other relevant metrics to help insurance companies make informed pricing decisions. However, they do not provide direct information about individual applicants. In contrast, patient records offer direct medical history information, medical exam reports give specific health evaluations of applicants, and agent interviews collect personal insights about the applicant's lifestyle and habits. These three sources are integral to the underwriting process because they provide concrete data about an individual's health and circumstances, allowing underwriters to assess risk accurately.

Rating services are primarily used to assist insurers in assessing risk and setting rates based on information gathered from a wide variety of sources. They compile statistical data on mortality, morbidity, and other relevant metrics to help insurance companies make informed pricing decisions. However, they do not provide direct information about individual applicants.

In contrast, patient records offer direct medical history information, medical exam reports give specific health evaluations of applicants, and agent interviews collect personal insights about the applicant's lifestyle and habits. These three sources are integral to the underwriting process because they provide concrete data about an individual's health and circumstances, allowing underwriters to assess risk accurately.