“Competition puts hurdles in front of you that you have to clear.” OKC Thunder coach Mark Daigneault Life puts hurdles in front of you that you have to clear. Like Thanksgiving. TGTIO (Thank God Thanksgiving is Over). We were out of town for only three days. I gained three pounds. I’m not good at math […]
https://days.to/until/christmas
One of the pleasures of writing this blog is documenting how recipes change over time. I’ve already gotten a Cracker Correction for Squash Casserole – The Final Update 2022. Here are links to ALL of the family’s Thanksgiving Dressing recipes claimed as “we’ve always made it this way”. Comments and corrections as always are welcome. Your […]
The Bells
A year-long study of the dietary habits of 9,341 Australians has backed growing evidence that highly processed and refined foods are the leading contributor of rising obesity rates in the Western world. The new study, in the latest issue of the journal Obesity conducted by the University of Sydney’s Charles Perkins Centre (CPC), was based on a national nutrition and […]
lifeunderwriter.net 
I don’t really understand what underwriting is, let alone accelerated underwriting. I looked it up and read a couple articles from Google, but still don’t understand it. I know it has something to do with risk. I remember when my mother was in her 80s, I had to look around for quite a while to find a policy that would still cover her. She was going to be dropped by her old one. Actually with my mother as I recall it was an annuity not life insurance. So that may be different.
Remember I come from a life insurance background, underwriting specialist at your service. Put simply the underwriting process is risk selection, deciding who qualifies for coverage and at what price. It has been my life’s work to understand the things that impact an individual’s longevity and charge premiums appropriately.
Accelerated means time to issue. Companies are shortening the time it takes to underwrite by streamlining processes and using alternative data sources instead of medical records from doctors and hospitals.
Your clear concise reply explains this concept so much better than multiple google pages. Thank you!
Is this different from an actuary?
Yes. Actuaries use complex models to set prices for large groups of people. Underwriters work supports the actuarial pricing model on a case by case basis. Bad underwriting = lower or no profits. Bad actuarial pricing means the company is really screwed.