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Why does underwriter need product knowledge

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Reference no: EM133231851

To perform his or her function, an underwriter requires an understanding of the insurance contract. With this in mind:

Why is an insurance policy required?

Why does an underwriter need product knowledge?

Define the term and describe the legal ramifications of contra proferentem.

Define the term manuscript policy and explain how an underwriter would deal with a manuscript policy.

The skills an underwriter needs to apply his or her knowledge include technical skills and people skills. Explain the difference between these types of skills and give an example of each.

Reference no: EM133231851

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