This Handbook is an important tool that can help you, particularly when you’re reviewing your client’s medical history.
When it comes to underwriting, setting reasonable expectations for your clients is critical. This Handbook can help. It’s an important tool that can help you, particularly when you’re reviewing your client’s medical history.
- Decline: Uninsurable
- Exclude: Addition of a provision to the contract excluding a specific avocation, disease or body part
- Individual consideration: Limited insurability; please submit as a Trial Application
- Postpone: Deferral of medical decision until full recovery from impairment or for a specified period
- Rated: Percentage increase in premium rates. Automatic Coverage Enhancement provision and Additional Increase Rider will not be available
- Rated for cause: Rated or modified, based on the underlying cause, if applicable
- Reduced benefits: Any combination of: plan changes, reduced Monthly Benefit amount, limited or increased Elimination Period, elimination of Riders and some contractual provisions Standard: Standard medical offer without restrictions