Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Is a Life Insurance Underwriter?

Life Insurance life insurance underwriting underwriter
0
10 Posted

What Is a Life Insurance Underwriter?

0 CommentsAdd a Comment

2 Answers

0
10

When a person decides to buy life insurance, he fills out an application and submits it to a life insurance company. A life insurance underwriter is a person at the insurance company who reviews the application and determines whether the company should provide coverage for the applicant. If the applicant is found to be an acceptable risk, the life insurance underwriter also determines how much the applicant must pay for the coverage and specifies the exact terms of the policy.

0 CommentsAdd a Comment
0

A life insurance underwriter collects and analyzes various pieces of information to help determine an applicant’s level of risk.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123