Explain the purpose of underwriting. What are some factors that underwriters consider when evaluating a life insurance application?
Underwriting -- The process used by insurers to decide who can be insured and to determine applicable rates that will be charged for premiums. Insurers are always trying to improve their underwriting capabilities in order to set premium rates that will adequately protect policyholders and yet be attractive and reasonable. Underwriters gather data from a variety of sources which they the statistically analyze to determine the appropriate premiums.
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SANs maintain a series of servers and provide fee-paying subscribers with space to maintain their Web sites
Indicate whether the statement is true or false
Which form of oral communication conveniently allows for information to be shared and reviewed at any time?
a. phone call b. voice mail c. face-to-face meeting d. text message