Massachusetts Health & Accident Insurance Practice Exam

Which type of question is generally included in special questionnaires during underwriting?

1. financial status inquiries

2. health condition details

3. accident history

4. family background

The correct answer is: health condition details

The inclusion of health condition details in special questionnaires during underwriting is critical because it allows insurance underwriters to assess the risk associated with providing coverage. Health condition inquiries help in understanding an applicant's medical history, current health status, and any existing conditions that may affect their ability to pay premiums or the likelihood of future claims. This information assists in determining appropriate policy terms, premiums, and coverage amounts. While financial status inquiries, accident history, and family background may also be relevant in certain contexts, they do not provide the same depth of insight into the individual's health risks as health condition details do. The primary focus during underwriting is to evaluate the applicant's health to make informed decisions about risk assessment, which is why health condition details are paramount in this process.