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Image credits: MyNameIsSkittles #2. Personal Lines Associate Underwriter. No consumer interaction. Essentially Shangri-la for someone who had a life in Customer Service.
In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
The term "underwriting" derives from the Lloyd's of London insurance market. Financial backers (or risk takers), who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Yes, it’s possible to purchase life insurance with pre-existing conditions, though your options and premiums will depend on the severity of your condition and the insurer’s underwriting criteria.
The life insurance medical exam is part of many insurers’ underwriting processes to evaluate the risk of insuring you. The medical exam can be done at your home or office and typically takes ...
Chartered Property Casualty Underwriter (CPCU) is a professional designation in property-casualty insurance and risk management, [1] administered by The Institutes (AKA American Institute for Chartered Property Casualty Underwriters). Achieving the designation requires completion of eight courses covering topics such as risk management ...
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