The CIU and AHOU present the following recommended principles as guidance for those who are striving to carry out the responsibilities of a professional underwriter.

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It is the responsibility of underwriters to:

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Act promptly, while exercising sound, objective and consistent judgment in making underwriting decisions.

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Follow established risk classification principles that differentiate fairly on the basis of sound actuarial principles and/or reasonable anticipated mortality or morbidity experience.

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Treat all underwriting information with complete confidentiality, and use it for the sole purpose of evaluating and classifying the risk.

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Comply with insurance legislation and regulations, particularly as they apply to risk classification, privacy and disclosure.

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Act independently and fairly.

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Provide support to distribution partners, to assist them in carrying out their fiduciary responsibilities to the insurance company and their clients.

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Endeavour to attain professional underwriting and insurance designations and maintain a level of professional competency through continued education.

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Promote the further education of underwriters.

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Maintain the dignity and sound reputation of the Underwriting Profession.