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Who is an Insurance Underwriter?
13. Who is an Insurance Underwriter?
- Underwriters that assess the risk of insuring a home, car or driver
- Most commonly used underwriters in the loan industry
- Underwriter that determines if the loan is safe for all parties
- Underwriters that work with initial public offerings (IPOs)
Answer: A) Underwriters that assess the risk of insuring a home, car or driver
Explanation:
Insurance underwriters assess the gamble of safeguarding a home, vehicle or driver. They likewise survey people who are applying for disaster protection arrangements. Protection financiers decide whether the agreement is beneficial for the safety net provider. They consider if the candidate meets specific measures to fit the bill for a protection strategy. From that point, they lay out the kind of strategy for which a candidate is qualified. At long last, they give a diagram of what the strategy covers for the candidate's novel conditions.