Question

14. The application which bear the
stamp of underwriters are called
as​

Answer 1

Answer:

hope it helps

Explanation:

Thus, the applications bearing the stamp of the respective underwriters are called “Marked Applications” while the applications received directly by the company which do not bear any stamp of the underwriters are called “Unmarked Applications”.

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Answer 2

Answer: The applications bearing the stamp of the respective underwriters are called “Marked Applications” while the applications received directly by the company.

Explanation:

• Any party, typically a financial organization member, who assesses and takes on another party's risk in mortgages, insurance, loans, or investments in exchange for a commission, premium, spread, or interest is referred to as an underwriter.
• The process of underwriting involves a person or organization accepting financial risk in exchange for a compensation. Most frequently, this risk entails loans, insurance, or investments.
• Simply because they lack the information necessary for an approval, an underwriter may refuse to approve a loan. A well-written letter of explanation may assist the underwriter understand a substantial cash deposit in your account, explain employment gaps, or explain a debt that is paid for by another party.

To learn more about underwriters refer to

https://brainly.in/question/49997737

https://brainly.in/question/30797898

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