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tele-underwriting

 

Definitions from the Web

Tele-Underwriting

Part of Speech: Noun

Sense: The process of assessing a potential insurance policyholder's risk over the phone rather than through traditional underwriting methods.

Usage: Tele-underwriting allows insurance companies to gather necessary information and evaluate risks efficiently by conducting interviews with policy applicants remotely.

Sample Sentence: The insurance company adopted tele-underwriting to expedite the application process and reduce costs while ensuring accurate risk assessment.

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