Advanced Life Underwriting

DEFINITION of 'Advanced Life Underwriting'

The process of integrating the complex insurance issues of estate planning, taxation, business insurance and employee benefit plans. Advanced life underwriting can involve the sale and service of large volumes of life insurance or underwriting for a complex business or complex personal cases.

BREAKING DOWN 'Advanced Life Underwriting'

Although not a title or designation, advance life underwriters are represented by a trade association called the Association of Advanced Life Underwriters. It serves as a lobbying, education and networking resource for large life insurance producers and is funded by membership dues.

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RELATED FAQS
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  3. What are examples of risks for all underwriter types?

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  4. What is the difference between underwriting and investment income for an insurance ...

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