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Surviving the Underwriting Process for Disability Income Insurance
When you apply for disability income insurance, the underwriting process begins. During this process, the insurance company collects information about you and uses it to decide whether to issue you a disability policy. Because a disability claim can cost an insurer a lot of money, the underwriting process is thorough. Any information you give, whether formally or informally, may be used to classify you as an acceptable or unacceptable risk. Working with an insurance agent or broker can be helpful, because he or she can answer any questions you might have and guide you through the underwriting process.
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