Your client, Vanessa, applies for life insurance and the application goes to underwriting. Vanessa is a 49 year woman with average height. weight, and health and she is a non-smoker. Which risk class will Vanessa most likely be assigned to given the information on her in this scenario?

A). Vanessa will be assigned to a "Rated" risk class which means that she represents an average level of risk and premiums will be at the standard rates.
B). Vanessa will be assigned to a "Preferred" risk class which means that she represents a low level of risk and premiums will be at preferred lower rates.
C). Vanessa will be assigned to a "Standard" risk class which means that she represents a average level of risk and premiums will be at standard rates.
D). Vanessa will be assigned to a "Upgraded" risk class which means that she represents a low level of risk and premiums will be at preferred lower rates.

Answer rating: 100% (QA)

Answer The correct option is C For insurers this g... View the full answer