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policy issuance checklist
Application Review
Verify applicant's personal information
Check completeness of the application form
Ensure all required documentation is attached
Validate applicant's eligibility criteria
Review previous insurance history
Risk Assessment
Analyze potential risks related to the applicant
Evaluate the applicant's claim history
Assess environmental and geographical risks
Consult underwriting guidelines
Determine the appropriate risk category
Policy Approval
Confirm coverage details align with company policies
Ensure premium calculations are accurate
Verify compliance with legal and regulatory standards
Obtain necessary approvals from underwriting
Prepare policy documents for issuance
Policy Issuance
Generate policy document
Review policy terms and conditions
Ensure signatures are obtained where necessary
Dispatch policy documents to the policyholder
Record issuance details in the system
