Chapter II Basic Elements of Underwriting AimThe aim of this chapter is to: yunderstand the importance ofunderwriting. yexplai n the process ofunderwritingyexplai n the duties of the underwriterObjectives The objectives of this chapter are to: yunderstand the different classification of risks involved inunderwriting. yexplai nthe role of an insurance agent as anunderwriteryexplai n health insurance underwriting indetail Learning outcome At the endof this chapter, you will be able to: yunderstand the steps inunderwritingydistinguishbetweengrou p and individual underwritingyunderstand the responsibilities of agent as anunderwriterComment [s1]: No boldComment [s2]: Objectives Formatted: English (India), Not HighlightFormatted: English (India), Not HighlightFormatted: English (India), Not HighlightComment [s3]: At the end of this chapter, youwill be able to: Formatted: English (India), Not Highlight