Exam / Lab-FREE Life Insurance
Life insurance buyers love the convenience of exam and lab-free applications. They also avoid surprise ratings and declines from:
- Abnormal liver functions
- Elevated glucose
- Blood or protein via urinalysis
- T-wave abnormalities on an EKG
How many of your applications have derailed because of these findings?
De-risk your clients’ life insurance applications. Show them how they can avoid the introduction of potentially adverse underwriting evidence. Encourage them to take advantage of the latest advances in intelligent underwriting. One highly rated mutual life insurer offers up to $5M coverage to age 50 exam and lab-free; another will consider $3M up to age 60! Let’s pre-qualify your applicants.
How Does it Work?
Insurers use proprietary scoring systems to decide who is, and is not, eligible for exam and lab-free life insurance applications. Young, healthy applicants, without chronic medical conditions, moving violations, or risky habits are ideal for this approach. Let’s prequalify your applicants to match their profile to the insurer that will allow for the most convenient underwriting – and result in the lowest possible premium.
Pre-Qualifying Life Insurance Applicants & Carrier Selection
In order to match your applicant with the most appropriate insurer, let’s review information that can be obtained prior to starting an application. Complete our online life insurance quote request form. It makes it easy to summarize your client’s profile and insurance need. If you already have underwriting information, you can upload it with the form. Prefer to discuss a case? Reach out to your Marketing Representative or schedule a call or Zoom.
Prior Applications, Exams, Labs
Do you have an interested life insurance buyer who has applied for life insurance in the past two years? Unfortunately, they are unlikely to qualify for new exam and lab-free policy offers. Insurers will want to review any prior exam and lab results. They may require new evidence of insurability.
For applicants who have recently applied elsewhere, please use our Second Opinion Underwriting service to upload existing information for review by our medical underwriting directors. Alternatively, please obtain a signed HIPAA and forward it, along with the existing exam, lab results (not just the lab ticket), underwriter comments, and any other underwriting evidence via secure email.