An underwriter of a health insurance company will review medical information, while a loan underwriter will assess factors such as the credit history of the client. The work of an underwriter is complex. An individual in the underwriter career path should be able to determine the acceptable ...
The path to become an FHAunderwriteris not clear-cut. Achieving this position can be somewhat difficult, despite the increased popularity and demand for U.S.Federal Housing Administration(FHA) loans. While training is essential, so is experience and the ability to obtain sponsorship or recommendatio...
Can you get life insurance if you have an autoimmune disease? When your immune system reacts to help your body fight infection or injury, the body can become inflamed in the affected area. For most of us, this is a good thing because it indicates that we’re healing. ...
In fact, life insurance rates go up anywhere from 4.5% to 9% every year we age, since we all become riskier to insure as we grow older. Your gender Since women often live longer than men, covering women presents less near-term risk to an insurance company. As a result, women pay ...
Insurance underwriter Insurance companies are in the business of evaluating risk, and underwriters are,at least for the time being, the last line of defense in calculating that risk as it pertains to the potential for loss or profit. From life insurance to mortgage applications, computers are alr...
While Thailand is known for affordable healthcare, if something happens, you may still need to pay for those hefty hospital bills. Without travel insurance, well, let’s just say that your dream vacation can become a nightmare—I’ve seen it happen regularly on the news. ...
Anyway, this could be a problem as your loan would now requireprivate mortgage insurancebecause the LTV would exceed 80%, and that’s if the lender could even offer you a loan above 80% LTV. Often they can’t. The solution would be to either ask for a review of the appraisal, renegot...
Explain what possibly leads to the rejection of your life insurance request by the underwriters. As the underwriter, is it possible to make those insurable? How would you make those insurable? a. Some life insurance companies won't write a life insurance ...
To become an underwriter, you typically need a bachelor's degree. There isn't a specific discipline (there's no degree in underwriting) but courses in mathematics, business,economics, and finance are beneficial in this field as they can certainly translate to any of the work you'll be doing...
The time frame for underwriting varies among different investment products, as the underwriter will have to spend some time examining the risk profile of each investment. Personal loans and insurance products are generally fairly simple to underwritem while securities are more complex. However, underwri...