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Prudential liberalizes underwriting guidelines.


Prudential Liberalizes Underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 Guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
: Prudential Financial has liberalized its life insurance build requirements for ages 18 to 64, thus making lower premiums available to more people. Build reflects a person's height/weight range and body mass index. It has also revised its guidelines for diabetes mellitus diabetes mellitus

Disorder of insufficient production of or reduced sensitivity to insulin. Insulin, synthesized in the islets of Langerhans (see Langerhans, islets of), is necessary to metabolize glucose. In diabetes, blood sugar levels increase (hyperglycemia).
 to provide preferred nonsmoker rates for individuals demonstrating good control of the disease, no complications, no incidence of metabolic syndrome metabolic syndrome
n.
See syndrome X.


Metabolic syndrome
A group of risk factors for heart disease, diabetes, and stroke.
 and no other medical impairments. The company will also issue greater face amounts under certain circumstances.
COPYRIGHT 2003 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:New Products and Services
Author:Panko, Ron
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2003
Words:82
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