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

Price earnings ratio valuation, Price Earnings Ratio Valuation P/E rat...

Price Earnings Ratio Valuation P/E ratio is traditionally employed for valuation of shares however it is an important ratio in the valuation of business. The P/E ratio is the

Investment analysis, Investment Analysis Any type of company will inve...

Investment Analysis Any type of company will invest finance for the sake of deriving a return that is useful for four main purposes as: 1. To reward the owners or shareholder

Finance, This case has been framed in order to test the skills in evaluatin...

This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision

Growth and valuation ratio, Growth and Valuation Ratio This ratio indi...

Growth and Valuation Ratio This ratio indicates the growth potential of the firm in addition to determining the value of the firm and investment made via various investors.  T

Finance functions, Finance Functions The functions of Financial Manage...

Finance Functions The functions of Financial Manager can broadly be split into two:  The Managerial Functions and The Routine functions. Managerial Finance Functions

Restrictive bond or debt covenant, Restrictive Bond or Debt Covenant I...

Restrictive Bond or Debt Covenant In this case the debenture holders will impose strict conditions and terms on the borrower. These restrictions may comprise: a) No disposal

Define financial factors that influence value of a business, List and expla...

List and explain the three financial factors that influence the value of a business. Ans: The three issues that influence the value of a firm's stock price are cash flow , ti

Finance.., the nominal fee interest rate in your account is 7% your semi-an...

the nominal fee interest rate in your account is 7% your semi-annually rate of interest APY will be?

The price jump on its initial day of trading, Following the Initial Public ...

Following the Initial Public Offering (IPO), the shares of Rosetta Stone, the language instruction company, jumped almost 44 percent from an initial price of $18 to $25.55 in late-

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