单词 | medical underwriting |
释义 | medical underwriting in Insurance (mɛdɪkəl ʌndərraɪtɪŋ) noun (Insurance: Medical insurance) underwriting Medical underwriting is the use of medical or health status information in the evaluation of an applicant for life or health insurance. People with diabetes typically have to pay more for health insurance, but some insurancecompanies have more lenient medical underwriting standards than others. A process of medical underwriting is involved in impaired life annuities, which improve the terms offered due to amedical diagnosis which is severe enough to reduce life expectancy. Medical underwriting is the use of medical or health status information in the evaluation of an applicantfor life or health insurance. |
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