This class was created by Brainscape user Katrina Van Kleek.

By:

Decks in this class (28)

1.1 - Evolution of the Underwriter
Definition insurance 1,
History of insurance 2,
Definition underwriter 3
10  cards
1.2 - The Underwriting Parameters
Definition line guide 1,
The line guide 2,
The line guide licensing 3
17  cards
1.3 - Underwriters Applying the Line Guide
Underwriter s responsibility 1,
Assessing the risk 2,
Uw assessing a risk with these qu...
6  cards
1.4 - What is Risk?
Risk 1,
Definition speculative risk 2,
Definition pure risk 3
10  cards
2.1 - Insurance Policy Analysis
Definition contracts of adhesion 1,
Definition contra proferentem 2,
Definition replacement cost clause 3
13  cards
2.2 - Unique Features of Insurance Contracts
Definition insurable interest 1,
Definition indemnity 2,
Definition utmost good faith 3
8  cards
2.3 - Insurance Policy Sections
5 main sections of an insurance p...,
Definition declarations 2,
1 coverage summary 3
9  cards
2.4 - The Underwriter's Toolkit
Components of the toolkit categor...,
1 the environment 2,
2 the legal system 3
12  cards
3.1 - Identifying the Applicant
Definition application 1,
Aspects of interest to an uw in a...,
Definition named insured s 3
21  cards
3.2 - Loss Experience
Definition moral or morale hazard 1,
The importance of loss experience 2,
Confirming no losses 3
7  cards
4.1 - Assessing the Property Risk
Cope 1,
C construction 2,
O occupancy 3
5  cards
4.2 - COPE and a Single-Family Dwelling
Cope and a single family dwelling 1,
Construction 2,
Construction size of dwelling 3
31  cards
4.3 - COPE and a Commercial Business
Cope and a commercial business 1,
Construction building age or loca...,
Construction municipal bylaws 3
24  cards
5.1 - Third-Party Insurance: A Unique type of Insurance
Definition liability insurance 1,
Third party liability insurance 2,
The challenge of liability insura...
5  cards
5.2 - The Canadian Legal System
Jurisdiction 1,
Definitions statute law 2,
Systems of civil law 3
14  cards
5.3 - Underwriting Liability Insurance: The Commercial Risk
Underwriting the commercial risk 1,
Definition occupancy 2,
Premises liability 3
18  cards
5.4 - Underwriting the Personal Risk
Definition contributory negligence 1,
Lifestyle occupation and hobbies 2,
Home based business 3
9  cards
6.1 - Automobile Underwriting
Definition facility association 1,
Definition risk sharing plan 2,
Mechanical underwriting 3
7  cards
6.2 - Insurance Automobile Application
Automobile application overview 1,
Automobile application details 2,
Automobile application details cr...
8  cards
6.3 - Vehicle Use
Personal use and commercial use 1,
Major automobile classes 2,
Exposures 3
12  cards
6.4 - Vehicle Damage and Class
Definition canadian loss experien...,
Definition manufacturer s suggest...,
The clear system 3
6  cards
7.1 - Pricing Insurance
Definition pure premium 1,
Definition premium 2,
Definition acquisition costs 3
8  cards
7.2 - The Ratemaking Process
Intro to the ratemaking process 1,
Definition actuaries 2,
Definition ratemaking 3
20  cards
7.3 - Ratemaking Applied
Definition class rating 1,
Class rating 2,
Definition schedule rating 3
6  cards
8.1 - The Importance of Professional Relationships
The benefits of good relationship...,
Uw relationships with these ins p...,
Uw relationships other uws 3
14  cards
8.2 - Other Industry Organizations
Industry organizations that benef...,
Customers 2,
Other organizations and people 3
3  cards
9.1 - The Internal Environment
The insurer s procedures 1,
Centralized insurers 2,
Decentralized insurers 3
6  cards
9.2 - The External Environment
Technology 1,
Global influences 2,
Social trends 3
21  cards

More about
C120

  • Full test name Unspecified
  • Test acronym Unspecified

The creator of this class did not yet add a description for what is included in this class.

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....