Which of the following is a determining factor in issuing an insurance policy?

Evaluating exposure is a critical determining factor in issuing an insurance policy because it involves assessing the risk associated with insuring an individual or entity. This assessment includes analyzing various risk factors relevant to the potential policyholder, such as their health, driving record, property conditions, or business practices. By thoroughly evaluating the exposure, insurers can make informed decisions about the terms of coverage, premiums, and even whether to issue a policy at all.

Other factors, while important in their own contexts, do not directly influence the issuance of a specific insurance policy. The age of the insured may impact premiums or underwriting decisions but is one part of a broader risk evaluation. The financial history of the insurer does not directly affect the issuance of policies to individuals; however, it is crucial for the insurer's overall operational capability. Similarly, the claims history of other insurers can inform industry trends but does not typically factor into the underwriting decision for an individual policyholder. Thus, evaluating exposure stands out as the primary factor in determining policy issuance.