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

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 -

Time value of money, How to calculate the present value of assignment??

How to calculate the present value of assignment??

State the classification of new issue market, State the Classification of N...

State the Classification of New Issue Market New market can be categorized as: (i) A market where firms go to the public for the first time through initial public offerin

Determine tax cash flows & irr, An industrial engineer proposed the purchas...

An industrial engineer proposed the purchase of a RFID Fixed Asset Tracking System for the company's warehouse and weave rooms.  The engineer though that the system would provide a

Determinants of required rate of return, Determinants of Required Rate of R...

Determinants of Required Rate of Return 1.Risk free rate - This is the interest rate such would exist on default free securities like Treasury bills and bonds. Risk free

Unbiased Expectations Theory, What is the one-year Treasury security rate o...

What is the one-year Treasury security rate of 1R1? For 1R3=11%, E(2r1)= 4% and E(3r1)=5%

Calculate the total increment prize, Prudence buys a bond in EUR when it is...

Prudence buys a bond in EUR when it issued by the French government and inflation linked.  It offers a 2% yearly coupon.  She holds it for five years.             Par value: EUR

Cash flow statement, how to calculate cash flow? What components are requir...

how to calculate cash flow? What components are required to calculate it ?

Growth rates and hypothetically, Growth Rates Most ...

Growth Rates Most Recent Fiscal Year Fiscal Year (-1) Fiscal Year (-2) Fiscal Year (-3) Annu

Analyse the financial statements, Task The following inform...

Task The following information has been extracted from the accounts of R Ltd., a manufacturer and distributor of home cordless phone in Hong Kong.

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