The use of an applicant's personal opinions by underwriters for rating criteria directly violates which guiding principle of underwriting?
A)separation and class homogeneity
B)reliability
C)incentive value
D)social acceptability

Question

Quizplus · Accepted Answer

Reliability is violated because personal opinions are subjective and can lead to inconsistent and unreliable underwriting decisions.

The Use of an Applicant's Personal Opinions by Underwriters for Rating