Get ‘Credit’ For The Work You Do

Get ‘Credit’ For The Work You Do

A carrier’s underwriting assessment involves the review of the overall medical history and the application of crediting tools to improve upon and provide the best underwriting class possible.

Here is a case study that demonstrates how credits can make a difference in the sale, by reducing the premiums.

  • 54-year-old female
  • Applying for $1 million of term life
  • Has type 2 diabetes; treated with Metformin
  • Build is 5’3”; 220 lbs.

Initial work up Table 4

But with credits for:

  • Lifetime non-smoker
  • Income of $100,000
  • Preferred or better driving record
  • Negative cardiac testing
  • Controlled blood pressure

Final offer is Table 2

Do what’s best for your clients with health history.

Contact our Underwriting Department for assistance with your impaired risk cases.