Glossary beginning with U
- U Recommendation
- a recommendation of PFSA concerning good practices in scope of bancassurance.
- underwriting
- the process of selecting and groupifying risks declared for insurance to estimate and accept, according to suitable terms and conditions, or reject an insurance risk.
- Underwriting
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Process of selecting and classifying risks declared for insurance to estimate and accept, according to suitable terms and conditions, or reject an insurance risk.
- unit-fund
- fund related to life insurance where the investment risk is borne by the policyholders