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When insurance underwriters look at the experience of the group what does that mean in insurance?

April 26, 2017experience group Insurance look mean underwriters

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When insurance underwriters look at the experience of the group what does that mean in insurance?

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If your talking about life insurance, they’re looking to see how many people die on average in that group in a year. With health insurance they’re looking for the average payout for medical coverage for that group in a given year. They use this to determine rates.