Which one of the following statements is INCORRECT with regard to Numerical Rating Method of Underwriting?
1
Under this Method, Underwriters assign the Positive Rating-Points for All Negative or Adverse Factors.
2
Under this Method, Underwriters assign the Positive Points for Any Positive or Favourable Factors.
3
Under this Method, the Total Number of Points, so assigned, will decide How Much Extra Mortality-Rating (E.M.R.), it has been given.
4
Under this Method, if the Extra-Mortality Rating (E.M.R.) is Very High, Insurance may even be declined.
5
None of the Above.