Underwriting exceptions
Our medical underwriting directors maintain daily dialogue with the chief underwriters at our industry’s leading life insurers. They know which carriers are willing to grant exceptions when needed. The posts below represent a sample of what’s possible right now. Are you assisting a client with life insurance? Call us at (562) 431-4000, outline your need via secure email, or simply complete our online case design request form. We’ll get with our underwriting team to identify the top carrier(s) for your client and then respond with appropriate illustration.
AI Exam and Lab-Free Life Insurance
Life insurance applicants can now take advantage of AI-accelerated, exam and lab-free life insurance underwriting from our industry’s leading insurers! Even better: without exams or labs, applications can’t get rated or declined due to nicotine, elevated liver functions, or overall cardiovascular profile.
Tobacco Underwriting Exceptions
Life insurers roughly double the premium for tobacco users. Fortunately, several insurers offer non-tobacco rates to Zyn pouch users, chewers, dippers, and daily cigar smokers. Therefore, it’s very important to match applicants to the insurer that offers them non-tobacco premiums.
Avocation Exclusion Riders
Life insurers sometimes require a flat extra premium to cover an applicant’s risky hobby. Avocation exclusion riders enable policyowners to eliminate that extra premium, provided they are willing to self-insure the extra risk. Carrier selection is key as only some insurers offer avocation exclusion riders.
Prepare for a Life Insurance Paramedical Exam
Stop! Before ordering life insurance exams and labs, determine if you can de-risk underwriting. Take advantage of exam and lab-free applications. Business owners and c-suite clients may even qualify for up to $150 million exam and lab-free insurance through executive underwriting programs.
$15M Exam and Lab Free Life-Insurance
Business owners and c-suite executives who undergo annual executive physicals at Mayo Clinic or similar may now qualify for up to $150 million of life insurance without additional exams or labs.
