Which of the following is NOT usually a requirement for the underwriting process?

In the underwriting process, the assessment of risk and determining insurability of an applicant typically relies on objective criteria and data. Personal opinion is not a standard factor considered in underwriting. Underwriting requires analytical evaluation based on verifiable information, such as history of claims, legal compliance, and financial stability, which each contribute to the insurer's assessment of the applicant’s risk profile.

History of claims involves analyzing past insurance claims made by the applicant, which helps underwriters understand the level of risk. Legal compliance ensures that the applicant meets the necessary regulations and standards required by law. Financial stability assesses the applicant’s current financial health, indicating their ability to fulfill potential policy obligations. Thus, all these factors are critical in the objective underwriting process, while personal opinion is inherently subjective and not a reliable basis for decision-making in this context.