What is insurance underwriting?

  1. KevinTimothy profile image82
    KevinTimothyposted 5 years ago

    What is insurance underwriting?

  2. LandmarkWealth profile image80
    LandmarkWealthposted 5 years ago

    The short answer to that is the process by which you assess insurability.  Is the person insurable, and are they more of a risk or less of a risk.  This determines issuance as well as premiums.  This is largely bases on actuarial data on things like life expectancy or the risk of a loss/accident.  It depends on what type of insurance.

 
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