Page 44 - Life Insurance underwriting Ebook IC 22

CHAPTER –5

OCCUPATIONAL, AVOCATIONAL, AND RESIDENTIAL RISKS

1. Explain occupational risk.

1.1 Occupational risk

There are various factors other than age and gender which affect the
mortality and morbidity of individuals.

Occupations where the risk of mortality and morbidity is high are
categorized as high risk occupations in life insurance underwriting

✓Details of occupation

✓Nature of duties
✓Activities performed

✓History of accidents (if any) encountered occupation etc

Sources of information to assess the occupational, avocational, and
residential risk

✓Application form (proposal form)
✓Occupation/ avocation / residential - supplementary questionnaire

✓Underwriting manual
✓Internet, government data base, other relevant publications

✓Medical examiner report

1.2 Basic risk factors for occupation

Some of them associated with different occupation are as follows

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