Fully underwritten definition
Examples of Fully underwritten in a sentence
Fully underwritten one-to-four family residential mortgage loans generally are considered by the banking industry to have less risk than other types of loans.
Basic premiums The reinsurance premiums shall be based on the following percentages of the rates attached in Exhibit 1 applied to the net amount at risk on the portion reinsured by the REINSURER: Fully underwritten issues: 100% Simplified issues*: 100% Guaranteed issues: 145% up to the 20th duration of the policy or age 65, whichever is later, 100% thereafter.