Insurability refers to?

• A. The Ability To Meet Underwriting Requirements
• B. The Willingness To Purchase Coverage
• C. The Probability Of A Claim
• D. The Level Of Premium

Answer: (A)

Insurability is about whether a person can beaccepted for insurance after the risk is reviewed. It means meeting the underwriting requirements—factors like health status, age, medical history, lifestyle, and sometimes financial evidence—so the insurer can approve coverage and determine pricing or any exclusions. If those requirements are met, the applicant is insurable and can be issued a policy, potentially at standard terms or with modifications. It isn’t about whether someone wants to buy coverage, the likelihood of a claim, or the amount of the premium—those come into play after underwriting determines eligibility and terms.