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What is the role of underwriting in life insurance approval?

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There is this talk that underwriting plays a very important role when it comes to getting life insurance approvals. It tries to cover a lot in terms of the risk involved in approving insurance for those seeking it. For example, underwriters look at the lifestyle of a person such as whether they smoke, the way they act before offering to grant their life insurance Packages. What are the other things they check?
 
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