Underwriting Flashcards

1
Q

Acronym

A

PRIMES

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2
Q

P

A

Protect against anti-selection

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3
Q

R

A

Reduce risk from over-insurance

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4
Q

I

A

Identify sub-standard lives

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5
Q

M

A

Mortality experience in line with pricing basis

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6
Q

E

A

Ensure risks rated fairly

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7
Q

S

A

Special terms identified for sub-standard lives

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