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.
by Kristin Trapp5 years ago
What is the difference between whole and term life insurance?Is the amount of time each insurance policy lasts the only difference or are there others? Does age play a role in determining which one is the best type of...
by Abby Campbell4 years ago
How much is your current medical insurance premium increasing due to ObamaCare?I'm just curious how many people have received notices from their insurance companies on the rise of premiums for the upcoming year? I just...
by CWanamaker6 years ago
Will a bank give a 90 year old man a mortgage, assuming he would otherwise be eligible?No one seems to know the answer. I know the man would be a risk to the bank, but if he meets all the necessary income...
by My Esoteric12 months ago
As the GOP told us many, many times that hundreds, if not thousands of counties in America will have no insurers providing coverage in 2018. Well, so long as they, and Trump, keep saying Obamacare will fail, it...
by crankalicious11 months ago
I am!It's exciting that Republicans, after so many years of opposing Obamacare, have finally passed a piece of legislation to improve the healthcare system.I'm particularly excited about some of the provisions that...
by Mentalist acer7 years ago
Will the new healthcare policy personally help you,and just exactly are the drawbacks of the healthcare bill?
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