2. Underwriting - Field Underwriting
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 1.
1. Proper solicitation of applicants;
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 5.
5. Collecting the initial premium and issuing the receipt, if applicable; and
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 2.
2. Helping prevent adverse selection;
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 3.
3. Completing the application;
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 4.
4. Obtaining the required signatures;
As a field underwriter, the agent has many important responsibilities during the underwriting process and beyond, including the following: 6.
6. Delivering the policy.
The agent is the company's
front line, and is referred to as a field underwriter because the agent is usually the one who has solicited the potential insured.
A life insurance producer is
the company's field underwriter.