You know when you travel to receive coup¨¦ insurance....relatives furnish you a quote, what is near professional charge title?
or the people who actually set up your policy?
Answers:
Insurance agent.
Actuaries set rates. They do not have anything to do with setting up your policy. They study statistics and adjust rates base on loss histories and risk management practices.
Underwriter is the term you are looking for. Underwriters assemble policies and check eligibility rules for rating your specific coverages. Source(s): Work within Insurance.
You can compare how the insurance quotes would vary, for example here - autoinsurance.bebto.com
The name you want is actuary, the ppl who study the statistics.
Related Questions:
Answers:
Insurance agent.
Actuaries set rates. They do not have anything to do with setting up your policy. They study statistics and adjust rates base on loss histories and risk management practices.
Underwriter is the term you are looking for. Underwriters assemble policies and check eligibility rules for rating your specific coverages. Source(s): Work within Insurance.
You can compare how the insurance quotes would vary, for example here - autoinsurance.bebto.com
The name you want is actuary, the ppl who study the statistics.
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