Sentences with phrase «underwriting risk»

This is another advantage to getting rate quotes from multiple companies for your likely underwriting risk class.

While it would be illegal for a company to deny insurance based on factors such as gender or race, some people do not fall within acceptable underwriting risk guidelines.

First thing we'd like to do is provide a free underwriting risk assessment by reviewing your age and medical history.

Many life insurance companies do not have enough information to make a fair assessment of the risk, to properly underwrite the risk of insuring people with cancer, or those who have survived cancer.

If you have had testicular cancer and are looking to obtain the lowest life insurance premiums, then you need to be working with an agency experienced in underwriting your risk.

Life insurance companies underwrite each risk differently.

«It's wonderful that the same God who gave his only Son to the world also gave finance professionals the intelligence and insurers the wit to underwrite these risks properly,» he said.

Life insurance companies underwrite each risk differently.

They consider other factors when underwriting risk for credit cards, car loans, and mortgages.

Erie Indemnity has an «asset light» model where it manages insurers, but does not bear underwriting risk.

You can take a punt on this if you have multi-billionaire hobbyists artificially underwriting this risk — you can not if you report to a shareholding board once a week.

Florida is a risky place to write property coverage, and the increase in rates reflects a lack of interest of insurers and reinsurers to underwrite the risk at present rates and terms.

Raising the minimum required credit scores may be a solution for reducing underwriting risks, but even some of the most qualified consumers have seen their credit scores tank as the result of long term unemployment, foreclosure, and mortgage defaults stemming from their inability to sell homes worth less than the mortgage amounts they owe.

As a result, lending institutions have access to cheap intra-bank loans and are able to pass the savings to consumers or to take higher than normal underwriting risks, thus being able to approve unsecured loans for poor credit grades.

I only say this because many national and semi national insurance companies now happily insure owners of these breeds and underwrite risk individually.

Those writing policies have been successful, but many insurers appear to be wary of the technology and appear not yet ready to correctly underwrite the risk.

Insurers are private businesses, not charities, and if they can not make money underwriting risks, they will stop doing it.

Through the Insurance Company Subsidiaries, the Company engages in specialty risk management programs, where it takes underwriting risks in exchange for premiums.

While most life insurance companies will underwrite risk somewhat differently, there are some insurers that will look at unique risks more favorably than others.

For most drivers who where not able to meet the requirements of the insurance company in obtaining a preferred or standard underwriting risk criteria, all of them will opt to use the non-standard auto insurance just to make sure that their vehicles are under an insurance that provides coverage for damages and losses.

He added that the company would review the quality control, practices and standards of the firm before underwriting the risks of this particular product segment.

Second, if you wish to switch, you would most likely require to pay more premium, since the new insurer would underwrite your risk afresh.

«Lending is still nowhere near where it was from 2004 to 2007, where people could underwrite risk regardless of where a property was located,» says Pelusi.

«By allowing lenders to more easily assess their overall underwriting risk, we encourage them to take advantage of our entire credit box to originate more loans in a safe and secure manner,» Lowman noted.

Our advice is to work with an agent or agency experienced in underwriting this risk.

Was the search sufficient to reveal information that the underwriter would want to take into account when underwriting the risk?

If fewer people pass away than statistically expected based on underwriting risk class and expected mortality rates for each class, the company will end up retaining more money than they expected.

You're not likely to find anyone to underwrite the risk of the Super Bowl happening this year.

We may do so to underwrite a risk properly.

Traditional banks are starting to feel the disintermediation pinch by alternative lenders who lack their legacy infrastructure and cost structures and use digital - first, artificial intelligence - powered processes to underwrite risk and extend credit instantly.

In general, we do not expect many banks to take on underwriting risk.

Insurance brokers bear no underwriting risk; the primary risk of an insurance broker is that margins get squeezed when P&C rates go soft.

It's a separate type of policy, and most of the underwriting risk on flood insurance is taken by a Federal program.

One last example, that same 35 - year - old male, preferred plus underwriting risk, can buy a 30 - year term policy with $ 1,000,000 death benefit at an annual premium of $ 775.

By way of comparison, a 35 - year - old male, preferred plus underwriting risk, can buy a 30 - year term policy with $ 250,000 death benefit at an annual premium of $ 260.

Further, that same 35 - year - old male, preferred plus underwriting risk, can buy a 30 - year term policy with $ 500,000 death benefit at an annual premium of $ 440.

Handling that insurance is tricky, but Harrison found a few insurers willing to underwrite the risk.

The insurance company evaluates the underwriting risk based on the insured's physical condition and, in some cases, financial condition.

Underwriting risk may present the most dangerous risk.

Financial risk is divided into the following categories: Basic risk, Capital risk, Country risk, Default risk, Delivery risk, Economic risk, Exchange rate risk, Interest rate risk, Liquidity risk, Operations risk, Payment system risk, Political risk, Refinancing risk, Reinvestment risk, Settlement risk, Sovereign risk, and Underwriting risk.

The main reason most insurers don't sell this coverage is because of the difficulties of underwriting the risk in a manner that avoids anti-selection and hidden defects.

It gives information that could be used to underwrite the risk.

It does not fix problems, it underwrites risks.

Your underwriting risk classification and premium rate is established by the insurance company's underwriter.

All it takes is an agent with experience underwriting this risk and the knowledge of what life insurance companies are giving the best life insurance rates for those with epilepsy.

Getting life insurance with Multiple Sclerosis takes an agent who experienced in underwriting your risk.