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Underwriting
Underwriting is defined as the process in which the insurance company evaluates an applicant to decide if they will offer insurance and if they chose to do so, at what rate class. The life insurance company reviews the information in the application, medical exam, lab results and information from attending physicians.
The Underwriting Process
The application process is generally referred to as underwriting. In a broad sense, underwriting includes the collection and evaluation of applicant information and an underwriting decision and offer made by the insurance company.
Once the underwriting decision is complete, the insurance agent will call you with the terms of the offer and work with you to put your policy in force.
Accelerating the Process
Occasionally the underwriting process can take a few months. There are several ways to avoid delays in the process. 
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The Policy Issue Process
As soon as the underwriting process on your application for life insurance is complete, the insurance company will issue your new policy. At this time, your rating class and final premium rate is decided. After issuing your policy, the insurance company will mail the policy to your agent.
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