Home > Glossary

Underwriting

Underwriting

Definition

The process of determining whether to accept a risk and, if so, what amount of insurance the company will write on the acceptable risk, and at what rate. Underwriters are companies, individuals, or insurance companies that carry on this critical activity for their own account or for that of others.
CRC38-Sidebar-Standard-Reg
PLP White Paper sidebar
Prelicense.com

Navigation

Social Media

User ID: Subscriber Status:Free