Underwriting Strengths Help Shape Great Offers
The underwriting strengths of a carrier can help you shape up for spring and beyond. Here are some examples to help with the heavy lifting:
Tobacco and Marijuana Underwriting Strengths
- Occasional cigar users (two per month or less) can qualify for Preferred Plus, Preferred & Standard Plus non-tobacco rates if there is a negative urinalysis test
- Clients who occasionally use marijuana may qualify for Preferred or Standard Plus non-tobacco rates
Family History Underwriting Strengths
- Family history qualifications do not apply if the proposed insured is 60 or older for Preferred Plus, Preferred & Standard Plus classes
- Family history qualifications apply only to deaths rather than disease
- Family history qualifications do not apply to gender-specific cancers for opposite sex persons
- Family history of deaths due to diabetes can qualify for Preferred Plus, Preferred and Standard Plus classes
Underwriting Strengths for Common Health Impairments and Non-Medical Risks
- Mild Asthma clients may be eligible for Preferred
- Mild Sleep Apnea may be eligible for Preferred with verified C-PAP usage
- Treatment for cholesterol or hypertension does not exclude a proposed insured from any Preferred classes
- Maximum cholesterol levels for Preferred classes is 300 with favorable ratios; 5.0 or less for Preferred Plus, 6.0 or less for Preferred, 7.0 or less for Standard Plus
- Commercial pilots for regularly scheduled passenger airlines can qualify for all Preferred classes
- Certain private pilots with IFR/ATP rating, flying between 50-250 hours annually and 1000 or more total hours of piloting experience may qualify for Preferred and Standard Plus classes
- Preferred classes may be available for occasional scuba diving if proposed insured is certified and dives less than 100 feet
Call our Life Underwriting Department today – we can help you shape great offers and get more business on the books!