Tag: What is Underwriting?

General Insurance Underwriting

What is Underwriting ? As per IRDA, “Insurance other than ‘life insurance’ falls under the category of general insurance”. Underwriting is the process of determining the level of risk presented by a proposer and deciding whether to accept the risk…

What Is Underwriting In Insurance?

A person seeking life insurance cover has to make an application to the insurer. Such an application is called as ‘proposal’. The person applying for insurance is called the proposer. The insurer then decides about the proposer’s admissibility to the…