Ping An Life Insurance underwriting means that the insurance company agrees with your insurance. Insurance underwriting is a process in which the insurer reviews the insurance application submitted by the unit or individual willing to purchase insurance, and makes a decision on whether to accept it and how to accept it. When entering the underwriting phase, the two parties of the insurance contract have entered the stage of substantive negotiation on the insurance terms. This process still has to go.
The underwriting of Ping An Life Insurance is an important part of insurance operation. You should know that insurance is different from other financial products, and not everyone can handle it. Therefore, if the insurance needs to be approved by the company, that is, the insurer pays the premium, and the insurance company is responsible for balancing the future risk losses. This is a necessary procedure and a necessary process for buying insurance.
