Underwriting Guide
What Does Underwriting Guide Mean?
An underwriting guide is a manual that outlines the policies, regulations, and procedures that underwriters must follow in their work. It addresses a broad range of topics and issues that underwriters may encounter during the underwriting process.
Insuranceopedia Explains Underwriting Guide
An underwriting guide may cover a variety of topics, including identity theft procedures, denied applications, incomplete applications, the Equal Credit Opportunity Act, 36-month coverage, borrower claim history, borrower exposure, and more. The goal is to ensure that underwriters know how to handle any situation they may encounter during the underwriting process. These guides are similar to those in other professions, as they explain rules and best practices, and guide how to proceed in various circumstances.
