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Summaries and Short Reviews

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Shvoong Home>Business & Economy>Life Insurance Underwriting Standards, 1984-1999 Summary

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Life Insurance Underwriting Standards, 1984-1999

Book Summary by: AcaDemon    


This research reviews changes in life insurance underwriting standards over the 15-year period 1984-1999. Life insurance
underwriting standards, as the term is used in this research refers to the criteria applied by life insurance underwriters in assessing risk in relation to insuring lives, accepting or rejecting applications for life insurance, and establishing rates for life insurance (St. Jean 10). Life insurance underwriters review applications for insurance coverage submitted to the insurance company. The underwriter assesses the potential risk of the applicant, and accepts, rejects, or modifies the policy according to law or company standards. The basic concepts from which underwriting ..."
Published: November 12, 2006
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