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Insurance uderwriting

  •  English    13     Public
    Insurance uderwriting and claims
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  • Not including relevant information when taking out an insurance policy.
    ommision
  •  15
  • Deliberately giving wrong information.
    misrepresentation
  •  15
  • To make something known.
    disclose
  •  15
  • A person who wishes to purchase insurance.
    proposer
  •  15
  • A professional employed by an insurance company to decide how much should be paid to people who make a claim.
    adjuster
  •  15
  • To behave according to a rule.
    adhere to
  •  15
  • The act of lying to collect money to which you have no right.
    fraud
  •  15
  • A person who evaluates insurance applications and determine coverage amounts and premiums.
    underwriter
  •  15
  • The fact or practice of not making information known.
    non-disclosure
  •  15
  • Three types of non-disclosure:
    innocent, negligent, deliberate
  •  15
  • A conscious decision not to disclose something to the insurers which the claimant knew that it should disclose.
    deliberate non-disclosure
  •  15
  • The non-disclosure resulted from the customer no taking enough care.
    negligent non-disclosure
  •  15
  • Any derasonable person would concluded that the information which was not disclosed was not relevant to the issurer.
    innocent non-disclosure
  •  15