De-Risking the Life Insurance Underwriting Experience
Life insurers order paramedical exams, labs, and EKGs to uncover new, previously undiagnosed medical concerns. Common findings include:
Underwriting
Life Insurance Underwriting Strategies for Prostate Cancer
Incidence rates for prostate cancer approximately equal age: approximately 50% of men in their 50s are likely to have some form of prostate cancer, and 80% of men who reach their 80s have the disease. Therefore, it is important for financial advisors to be familiar with life insurance underwriting strategies for prostate cancer. Prostate Cancer […]
Life Insurance Underwriting Strategies for Elevated Liver Functions
Life insurance applicants are sometimes surprised they are required to pay an extra premium due to findings of elevated liver functions in their insurance company labs. They feel terrific and have never even thought about their liver before! None of them are pleased about having to pay higher premiums. Fortunately, not all life insurers underwrite […]
Life Insurance Underwriting Strategies for Elevated PSA
Life insurers often screen male applicants for prostate specific antigen (PSA) levels. Their goal is to catch previously undiagnosed prostate cancers. But many PSA elevations are caused conditions other than cancer. Selecting a carrier that is comfortable with elevated PSA findings is key to getting competitive insurance offers.
