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Certificate in Insurance Underwriting

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Insurance Underwriting


About Insurance Underwriting

The process of determining the level of risk you provide to a potential insurer is known as underwriting. Professional underwriters examine your application's requirements to determine whether it is possible to give you a policy and, if so, what level of coverage you qualify for. Using the data, they then determine your monthly premium.

Why is Insurance Underwriting important?

The decision of whether or not to refuse the risk of taking on an insurance policy if the probability of payment is too high is made by insurance underwriters, who play a crucial role in an insurance firm.

Who should take the Insurance Underwriting Exam?

  • Underwriter
  • Team Leader
  • Account manager
  • Mortgage underwriter

Insurance Underwriting Certification Course Outline

  1. Principles and underwriting department operations
  2. Decisions pertaining to acceptance
  3. Acceptance with modification, or non-acceptance
  4. File documentation
  5. Insurance valuation
  6. Farm equipment
  7. Effective written communication, and re-underwriting.

Certificate in Insurance Underwriting FAQs

The result will be declared immediately on submission.

It will be a computer-based exam. The exam can be taken from anywhere around the world.

You have to score 25/50 to pass the exam.

No there is no negative marking

There will be 50 questions of 1 mark each

You will be required to re-register and appear for the exam. There is no limit on exam retake.

You can directly go to the certification exam page and register for the exam.