Insurance

What is Underwriting?

Underwriting

[uhn-der-rahyt-ing]

noun

1.

Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.

Share |

Have A Question About This Topic?

Thank you! Oops!
 

Related Content

The Independence of Financial and Emotional Well-Being

The Independence of Financial and Emotional Well-Being

Greater financial and emotional confidence brings greater independence. Isn’t that what it’s all about?

Video: A Time to be Thankful

Video: A Time to be Thankful

This Thanksgiving, replace internal fears with external gratitude.

What is a Term?

What is a Term?

Do you know what a Term is?