Underwriting is the process of insurance companies creating rate classification schedules to help decide whom they will insure and how much to charge.

Name: Underwriting is the process of insurance companies creating rate classification schedules to help decide whom they will insure and how much to charge.
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Quizplus · Accepted Answer

Underwriting is indeed the process of creating rate classification schedules for insurance companies to determine whom they will insure and at what cost.

Underwriting Is the Process of Insurance Companies Creating Rate Classification