Underwriting Flashcards
1
Q
Acronym
A
PRIMES
2
Q
P
A
Protect against anti-selection
3
Q
R
A
Reduce risk from over-insurance
4
Q
I
A
Identify sub-standard lives
5
Q
M
A
Mortality experience in line with pricing basis
6
Q
E
A
Ensure risks rated fairly
7
Q
S
A
Special terms identified for sub-standard lives