"Underwriter approval" is a phrase that refers to the process in which a financial institution or company assesses and approves or denies a loan or insurance application. It involves a thorough review of the applicant's financial situation and other relevant factors to determine if they qualify for the requested funds or coverage.
Full definition
Synonyms for individual words can be found below.
«underwriter»
«approval»
Sentences with «underwriter approval»
- You will still be asked health questions, need to complete the full application, and be subject to underwriters approval based on how you answer. (bestliferates.org)
- Increases to the death benefit require underwriter approval, which means the insured may need a new medical exam. (allstate.com)
- And if we have to increase the rate, we need underwriter approval, new disclosures and additional wait - times (several days at best). (jvmlending.com)
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