Explain the ways underwriters evaluate risk

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1. Often people assume the purchase of a house is ideal. In your own words, explain the risks of owning a home, risks of certain types of loans and why renting may be preferred to purchasing a home.

2. Compare and contrast term life insurance with whole/permanent life insurance.Compare and contrast a traditional indemnity health insurance policy versus a managed care plan. Explain the ways underwriters evaluate risk when they assess homeowners and automobile policies.

Reference no: EM132014463

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