I was in St. Louis on business. One day these things showed up at the office. I had one (OK, two) after breakfast. Yes, they are that good. Memo to Self – Don’t get depressed that you only learned about this delicacy in your 7th decade. I wonder if they deliver to Oklahoma.
Researchers at Loma Linda University Health report that eating eggs may be linked to a lower risk of developing Alzheimer’s disease in adults age 65 and older. Their findings suggest that regular egg consumption could play a role in supporting long-term brain health. Loma Linda University Adventist Health Sciences Center. “Eating eggs could cut Alzheimer’s […]
The two new meta analysis reviews (studies of studies) found that consuming whole grains reduces your risk of diseases that shorten your life. One published in BMJ analyzed 45 studies and concluded that whole grains can help you live longer by cutting your risk of heart disease, cancer, diabetes, respiratory disease, and infectious diseases. The […]
Behind Aspen’s international skiing luster lies a deep, competitive hockey culture that makes for a tough beer league. A drive to win the bragging rights to the battered Pell Cup turns architects, bartenders, contractors, lawyers, teachers, ski bums, and friends into fierce, fist-throwing rivals…former pros, Division I college players, and old goats—or, more accurately, has-beens […]
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.