Insurance 101 – Chapter 3 – Volume 23 – Claims Persons Must Understand Underwriting

Claims Persons Must Understand Underwriting

It is an essential part of the claims process to confirm or refute the truth of the representations made by the insured at the time the policy was acquired. It is also essential that the underwriter learn of changes in the risk that may change the risk of loss the underwriter believed he or she was taking at the time the policy was acquired.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

 

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