Outrageously Funny Word Dictionary :: Underwrote

👉 Underwriting is a process in insurance where an insurer assesses and reimburses risk to policyholders who have provided financial backing for losses or damages incurred by their property. This can include both physical damage and liability claims, as well as other types of risks such as fraud, malpractice, or negligence. Underwriters may also consider other factors such as the type of insurance policy purchased, the policyholder's creditworthiness, and any known financial difficulties associated with the property being insured. Underwriting is

underwrote