#  What does the phrase 'subject to underwriting' mean on an insurance quotation?

### What does the phrase subject to underwriting mean on an insurance quotation?

When we provide an insurance quote, it's a projection, dependent upon the final underwriting process completing successfully.

- When we start the process we try to provide a quote projection based upon the information you have supplied to date on a *worst case scenario*.
- After we get the opportunity to review your medical situation in detail, we then work back to a *best case scenario* that is usually cheaper too.

#### A pre-assessment involves two steps

- **Quoting** is the first step
- **Underwriting** is the final step in the assessment and includes a careful review of any medical reports.

After the formal underwriting process is completed, you might receive a *revised quote* depending upon your medical history.

It might take longer than expected, but the process delivers a fully underwritten policy that provides peace of mind that all assessments decisions have been completed and you know exactly where you stand.