This class was created by Brainscape user Kat Ann. Visit their profile to learn more about the creator.

Decks in this class (15)

Chapter 1 - Relationship Of Product Pricing And Underwriting
Product pricing process,
Strategy determination,
Profitability expectation
31  cards
Chapter 2 - Cost-Benefit Analysis Of Underwriting Requirements
Cost benefit studies,
Cost benefit studies provide,
Factors to consider when comparin...
19  cards
Chapter 3 - Life Tables, Underwriting, and an Introduction to Mortality Analysis
Friendly societies,
Friendly societies post death method,
Friendly societies post death pro...
71  cards
Chapter 4 - Preferred Risk Underwriting
Preferred risks,
Blood testing was not routinely a...,
Standard became two separate clas...
23  cards
Chapter 5 - Post-Issue Policy Changes
Key concepts providing an appropr...,
Contractual vs non contractual po...,
Change in amount of risk
35  cards
Chapter 6 - Financial Underwriting: Pkanning for Personal Needs
Estate planning,
Advantages of a well planned estate,
Federal estate taxation us
73  cards
Chapter 7 - Multilife Underwriting
Multilife underwriting,
Coli corporate owned life insurance,
Boli banked owned life insurance
54  cards
Chapter 8 - Morbidity Risks
Mortality,
Morbidity,
Mortality risk
114  cards
Chapter 9 - Fundamentals of Life Reinsurance
The transfer of risk provides 2 b...,
Purpose of reinsurance,
Reinsurance and claims
89  cards
Chapter 10 - Underwriting Consequences in a Legal Setting
Summary judgement,
Conditional receipt,
Temporary insurance agreement tia
10  cards
Chapter 11 - The Impact of Legislation and Regulation on the Life Insurance Industry
2 sources of legislation impactin...,
Mccarran ferguson act 1945 us,
Model acts created by us
56  cards
Chapter 12 - Underwriting Alcohol and Substance Use Disorders
Two groups of substance related d...,
The presence and severity of subs...,
The severity of the substance use...
62  cards
Chapter 13 - Life Claims
Policy provisions applicable to c...,
Policy provisions applicable to c...,
Incontestability provision
32  cards
Chapter 14 - Managing the Underwriting Department
Good underwriting managers are pr...,
Due to the attention and conflict...,
Planning
69  cards
Chapter 15 - Red Flags, Anti-Selection, and Fraud
Anti selection,
Fraud,
Collusion
43  cards

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ALU 202

  • Class purpose General learning

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