Insurance Made Simple
If you’re visiting this page, then good on you for trying to understand insurance better! We’ve highlighted common and useful insurance terms here and broke them down in plain English.


Underwriting is what insurance companies do to evaluate the risk and determine the price for a policy.

Why it matters:

When applying for a health insurance policy, you're usually asked to provide some personal details and answer questions about your medical history. This info is used to assess the chances you'll make claims, whether the insurer can take on the risk, and how much the premium should be set at to reflect the risk.

It used to be done manually, which means it took weeks to hear back about your application! OneDegree's AI-powered system enables instant underwriting, which means you can get a quote and buy a policy within minutes.