How do underwriters classify risk as standard versus substandard?

How do underwriters classify risk as standard versus substandard?

• A. Based on age only.
• B. Based on health, habits, and other factors; standard is average risk; substandard is rated or rated-up with higher premiums.
• C. Determined by employer size.
• D. Standard means poor health; substandard means excellent health.

Answer: (B)