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Advanced Life Underwriting |
Also found in: Acronyms | 0.01 sec. |
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Advanced Life Underwriting A complicated process by which an insurance company looks at a person's financial situation in order to determine his/her life insurance needs. Advanced life underwriting is usually done when the potential policyholder has a large number of assets and liabilities, and would owe the estate and other taxes upon death. Advanced life underwriting is usually done by an expert because ordinary insurance underwriters are often poorly equipped to handle the process. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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