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Underwriting — Insurance Glossary | AtlasBrokers
Glossary/Underwriting

Underwriting

The process by which an insurance company evaluates the risk of insuring a particular person, property, or entity and determines the premium to charge. Underwriters assess factors such as health, driving record, property condition, and claims history to decide whether to offer coverage and at what price.

Related Terms

ActuarialPremiumRisk Assessment

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