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.
Learn how timing can influence your decision about if and when to buy.
While protection is never a bad thing, you want to make sure the value of the coverage outweighs the added cost.
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.