0
Underwriting means accepting legal responsibility for an insurance policy. In Insurance sector, agents are called the First Underwriter,because they come in personal contact with the proposer. After the proposal form with all required documents are submitted before Insurance Company, the Underwriter by his official powers underwrites or accepts legal responsibility for the particular policy.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is meant by STF in terms of insurance?
STF
What is meant by insurance correspondence?
job limited in this firm
What is miscellaneous insurance?
What is meant by Miscellaneous Insurance? State and explain the different forms of miscellaneous insurances.
What is meant by 'pre-issuance' in regards to mortgage insurance?
What is the purpose and and benefits of per mortgage insurance
Who is car insurance meant for?
Car insurance is meant for anyone with a legal driving license in the country that they drive to insure their car. Usually aged 18 and upwards. In some countries it is 21+
How can you find out someone's insurance company with their ID and insurance?
If you have their drivers license and insurance card what else will you need to know their insurance company. Perhaps you did not list the question correctly for what you meant.
Do you need insurance if you ONLY have a driver's license?
No, if you have a car you need insurance but you should have a license because if not you'll get arrested. You also need life insurance and home insurance in case that what you meant
What is meant by buildings contents insurance?
Buildings contents insurance is a type of insurance you can get and it will cover the items you have in your home or building. Coverage will include fire, water and theft.
What is meant by California collision car insurance?
Collision insurance means that if you were to get in an accident the insurance company would pay to fix your car instead of the person's that you hit.
What is meant by primary and secondary insurance coverage?
Primary insurance coverage is what is first used when a medical service is being rendered. This is what will be billed first. Secondary insurance is supposed to cover what the primary insurance does not.
What is meant by the term contents and buildings insurance?
Contents and buildings insurance is insurance that covers any damage or loss that happens to a persons home and the contents inside. Contents and Building Insurance is usually sold with Home Insurance.
What is meant by Pennsylvania collision car insurance?
That must be a car insurance policy claim or slogan in Pennsylvania. It will provide car insurance for accidents such as collisions. This is for people in Georgia looking for an insurance company to protect their car.
