Underwriting

Discussion in 'SP2' started by dChetty, Apr 1, 2016.

  1. dChetty

    dChetty Member

    The ST2 notes say: Financial underwriting reduces the risk from over-insurance. Is over-insurance bad just because of possible fraud or other reasons?
     
  2. Muppet

    Muppet Member

    mainly fraud - also affordability leading to high withdrawal rates.
     

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