Life Insurance | Easing of medical requirements for streamlined underwriting

iA Financial Group has streamlined the life insurance underwriting experience by easing medical requirements, giving you the option of offering:

No automatic tests or vital signs required for:

Up to $5M for clients aged 15 to 50*

Up to $1M for clients aged 51 to 60

Preferred underwriting as before for term life amounts between $2,000,001 and $5 million for clients who choose to complete medical requirements

Three insurability requirement options for higher amounts and ages:**

Declaration of insurability completed with you present
Telephone interview by a provider
Paramedical examination and blood work by a nurse

The easing of requirements is of course coupled with risk mitigation measures to ensure the quality of our business.

Do you have questions? Find the answers in the FAQ about the new features or in the one about predictive analytics.

Contact your sales manager to learn more.

*An Attending Physician’s Statement (APS) is required for insurance amounts of $3,000,001 and higher.

** These three options will only apply to clients with insurance amounts from $2,000,001 to $5 million for ages 15 to 50 and from $500,000 to $1 million for ages 51 and older. For other ages and amounts, please refer to the life insurance requirements grid.

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