Life Insurance Underwriting
 

1. Introduction.

What is Life Insurance?
  Insurance
  Life Insurance
Life Insurance Principles
  Why Life Insurance
  Human Life Value
  Principles of Indemnity, Insurable Interest
2. Type of Life Insurance Products
Term Assurance
Whole of Life Assurance
Endowment Assurance
Annuities
  Fixed Annuities
  Variable Annuities
Non Traditional Covers
3. Overview of Risk Management
Concept of Risk, Pooling of Risk
Concept of Probability
Mortality Tables and its construction.
Components of Life Insurance Pricing
4. Overview of Underwriting
Underwriting Methods
  Judgmental Method.
  Numerical Rating Method.
  Relative Merits & Demerits.
  Methods of Rating non-standard lives in Underwriting
5. Financial Underwriting
 
Underwriting Methods
Special Treatment to Ladies and Minor Lives
Role of Insurance Intermediaries in Underwriting