Question

How has the processing time for the end-to-end underwriting process changed in recent times?

a.

It has increased

b.

It has decreased

c.

It has remained the same

d.

It varies from insurer to insurer

Answer: (b).It has decreased Explanation:The processing time for the end-to-end underwriting process has dramatically changed from several days to as low as a single day in cases which are processed through an automated rules-engine or "green channel" underwriting for cases meeting certain criteria.

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Q. How has the processing time for the end-to-end underwriting process changed in recent times?

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