What is Underwriting

Written and accurate as at: 10 April 2016

Underwriting is an important part of the application process for personal insurance cover, including Life insurance, Total & Permanent DisabilityIncome Protection and Trauma insurance.

When you apply for personal insurance cover you are essentially asking the insurer to take on the risk of having to pay a claim for a future event. The insurer assesses this risk through underwriting.

This video explains how the underwriting process works and how health and lifestyle factors could affect your application.

Probably best to avoid these kind of sports!