noun
1.
Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.
Having an emergency fund may help alleviate the stress and worry associated with a financial crisis.
Many older people think it's too late for life insurance. Actually, life insurance can be part of a sound financial strategy for people in their 60s and 70s as well.
Determine your potential long-term care needs and how long your current assets might last.