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What does 'cancellation based on underwriting' mean?

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Answered 2004-09-23 18:54:43

Basically, the company discovered something that dictates they no longer want to stay on the coverage. This could be ANYTHING.

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In what country is the JUA Underwriting Agency based?

The JUA Underwriting Agency is based out of Australia. JUA is the preferred insurance underwriting agency for many brokers in Australia. JUA has an office in Sydney and one in Melbourne.

What does cancellation mean?

cancellation means you're to cancel something ---- ----

What is Underwriting?

It is the process of reveiwing your application for life insurance and applying the appropriate rating based on your qualifications.

How do you get a US Green Card?

Through asylum, cancellation of removal, family based, visa lottery, and employment based.

What is a sentence for the word cancellation?

We have had a last-minute cancellation.The cancellation of the flights caused chaos and backlogs.

What is In house underwriting when dealing with home mortgages?

In House underwriting means that the lender is doing their own underwriting instead of sending it out to a 3rd party underwriter.

What does it mean to rescind a cancellation notice?

The cancellation notice ended the Insurance Policy. Stated another way, that means that the (Insurance) contract is no longer in force. To Rescind a Cancellation means that the cancellation has been taken back or voided by the Insurance Company and the Insurance Policy (Contract) is now back in force.

What is a sentence with the word cancellation?

The cancellation made everyone late for work.The clairvoyant did not predict the cancellation of his show.

What does referred mean on a loan decision?

Referred means that a loan was unable to be approved by an automated underwriting program based on the information provided on an application. This is different from a denial since the loan application can still be reviewed by a human underwriter.

Underwriting requirements for public liability insurance?

underwriting requirements of general public insurance covers

When was Professional Liability Underwriting Society created?

Professional Liability Underwriting Society was created in 1986.

What is cancellation letter?

cancellation letter is a letter that can cancel.

Is cancellation spelled with one l?

Cancellation has two l's.

A sentence for cancellation?

I received the cancellation notice from the phone company yesterday.

What is the poetic word for the word cancellation?

A good word for cancellation is randancered

Yes, there is echo cancellation to help with that?

Yes, there is echo cancellation to help with that

What is a sentence for cancellation?

A budget shortfall caused the cancellation of the Labor day parade. As a philatelist, he looked for any unusual stamp cancellation on a letter.

What is contigency underwriting?

I'm not an underwriter, or agent (an adjuster), but think this means they are/will bind the policy 'contigent' on getting the rest of the underwriting history completed, and 'contigent' on that, and everything on the application being correct, or within their underwriting rules.

My mortgage company says I have a double approval and I'm just waiting for underwriting for an FHA loan. Can I still be denied in underwriting for the loan?

Yes. underwriting is the process where they do final verification and approval of your loan ensuring that you have provided all the appropriate and truthful information. In banking, underwriting is the detailed credit analysis preceding the granting of a loan based on credit information furnished by the borrower, such as employment history, salary and finances; publicly available information, such as the borrower's credit history, which is detailed in a credit analysis and the lender's evaluation of the borrower's credit needs and ability to pay Mortgage company means nothing, underwriters mean everything as they represent the financial part of the institution giving you the loan to buy the house.

Do you have to pay taxes on a chapter 7 bankruptcy discharge?

Presuming you mean on the cancellation of indebtedness income - generally not.

What does an insurance cancellation policy mean?

You either are a horrible driver or you didn't pay your bill. Or something else..

Where can one book cancellation holidays?

There are a couple of places where you can book cancellation holidays. The best place to book the cancellation holiday would be the website called, On The Beach.

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