What is meant by underwriting, Finance Basics

Assignment Help:

Question 1:

(a) What is meant by underwriting?

(b) How can underwriting be used to manage the risks of a life insurance company?

(c) Give and describe the three types of underwriting in the context of a life insurance company.

(d) List the sources of medical evidence that may be used to underwrite an application for life insurance.

(e) Give reasons why some of these sources may not be used for all applications in practice.

Question 2:

A life insurance company has for many years sold policies through its own sales force and through press advertising.

(a) Describe the main features of the company's existing sales channels.

The company is looking for alternative distribution channels in order to increase sales growth. It is considering both:

  • insurance intermediaries
  • telephone sales

(b) Discuss how the proposed channels might achieve the company's aim.


Related Discussions:- What is meant by underwriting

Basic eoq model, Basic EOQ Model The basic inventory decision model is...

Basic EOQ Model The basic inventory decision model is Economic Order Quantity or called EOQ model. This model is specified via the following equation as: Whereas:Q is

Secondary markets - financial markets, Secondary Markets - Financial Market...

Secondary Markets - Financial Markets Economic Benefits or Role of Secondary Markets in the Economy are as: 1. It provides people a chance to buy shares therefore distribut

Jobbers or speculators - stock market, Jobbers or Speculators - Stock Marke...

Jobbers or Speculators - Stock Market 1. This is a dealer who that trades in securities in his own right like a principal. 2. He can set prices and make active the market w

Government - measuring business performance, Government - Measuring Busines...

Government - Measuring Business Performance Government The Government is interested particularly in utility companies as KPLC, KPTC and such will offers public services -

State about the odd-lot dealer, State about the Odd-lot Dealer He/she...

State about the Odd-lot Dealer He/she specializes in buying and selling in amounts which are less than present trading units. They buy and sell odd lots, make them up into ma

internal rate of return, Internal Rate of Return, I am looking for assignm...

Internal Rate of Return, I am looking for assignment help on the topic Internal Rate of Return. It would be great if anyone help me.

#title.financial leverage., Evaluate the importance of leverage of financia...

Evaluate the importance of leverage of financial management of a small scale company

The income statement and the balance sheet, Conduct research and explain th...

Conduct research and explain the companies, their operations, locations, markets, and lines of business. Collect financial statements for the past three years, fiscal or calendar .

Social responsibility - objectives of business entity, Social responsibilit...

Social responsibility - Objectives of Business Entity The firm must decide where to operate strictly in their shareholders' best interests or be responsible to their staff, th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd