Underwriting Fundamentals

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Level: Beginner

Why you need this course:
After completing this course, you’ll understand how underwriting functions help to establish an insurer’s products, pricing for those products, and selection of customers to whom the products will be sold.

Upon successful completion of this course, you should be able to:

  • Describe the purpose of underwriting and an insurer’s major underwriting activities to achieve that purpose.
  • Explain how underwriters protect an insurer’s available capacity.
  • Describe the steps in the underwriting process that an underwriter follows in selecting policyholders.
  • Describe an underwriter’s options when evaluating an application for insurance.
  • Explain how states regulate underwriting activities through restrictions on unfair discrimination, cancellation, and nonrenewal.
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.

Underwriting Fundamentals Topics Include:

  • The purpose of underwriting and an insurer’s major underwriting activities to achieve that purpose
  • How underwriters protect an insurer’s available capacity
  • The steps in the underwriting process that an underwriter follows in selecting policyholders
  • An underwriter’s options when evaluating an application for insurance
  • How states regulate underwriting activities through restrictions on unfair discrimination, cancellation, and nonrenewal
Phone: (800) 644-2101 (U.S. and Canada)
(610) 644-2100 (Outside the U.S. and Canada)
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Success is available Monday through Friday, 8 a.m. to 6 p.m. eastern time.

For retail ordering information, contact Customer Service or shop online. Or take a look at our full catalog.

E-mail: CustomerSuccess@TheInstitutes.org
Phone: (800) 644-2101

Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.

Interested in corporate multi-user information, volume discounts, or learning management system (LMS) compatibility? Contact the Institutes´ Regional Sales Executive in your area.


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