What does Postselection of Insured mean? Read on to discover the definition & meaning of the term Postselection of Insured - to help you better understand the language used in insurance policies.
Postselection of Insured
Postselection of insured is a technique used by underwriters. It involves periodically examining insurance policies to determine whether they should be renewed or cancelled. This decision is based on whether or not the risk of insuring the policyholder has increased significantly.
We hope the you have a better understanding of the meaning of Postselection of Insured.