noun
1.
Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
E&O insurance is specifically designed to protect you, or your company, from the risk of a client’s dissatisfaction.
Before you buy insurance for your car rental, make sure you know what it covers. Find out the pieces of a car rental policy, and whether your regular auto coverages already have it.