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What is financial underwriting?

April 26, 2017Accident american health insurance Car Insurance Careers corporate insurance financial general insurance health insurance Home Insurance Underwriting

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What is financial underwriting?

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: Financial Underwriting is basically the assessment of the financial condition of the Insured against the cover that he wishes to enjoy. For e.g. an individual earning a salary of Rs. 5000 per month taking a Rs. 100 Lakh Personal Accident cover would be rejected. In a large sum assured/cover cases, Insurance Companies would ask for Income Documents, Designation, Qualifications, IT Returns, Networth Certificates, to understand the need for a large cover. Buy Personal Accident Insurance from www.InsuranceMall.in NOW!!!