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Behind the Policy: A Closer Look of Role on Underwriting in Life Insurance

XIBA Business Review

Volume 8 Issue 1

Published: 2025
Author(s) Name: S. Sushmitha | Author(s) Affiliation: St. Xavier College (Autonomous), Palayamkottai, Affiliated to Manonmaniam Sundaranar University
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Abstract

Even for people with shorter lifespans, death can happen in any way and at any time in the modern world. The current generation is less concerned with saving money and making plans for the future than earlier generations were. More and more people see insurance as a way to invest, save money, and tax evasion. A fundamental procedure in the sector, underwriting entails assessing risk and establishing the conditions under which insurance coverage is granted. The necessity, significance, and necessary attributes of an underwriter are emphasised in this essay.

Keywords: Insurance, Tax Evasion, Investment, Underwriting

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