Life and Health Insurance
REMINDER – Underwriting: Enhancement to underwriting requirements
We would like to remind you that since June 5, life and critical illness insurance underwriting requirements are valid for a 12-month period. This enhancement applies to all cases.
Below is a summary table that illustrates the expiry date for each type of requirement:
REQUIREMENT |
BEFORE |
SINCE JUNE 5, 2014 |
---|---|---|
Urinalysis |
6 months |
12 months – Improved! |
Medical exam |
6 months |
12 months – Improved! |
Paramedical |
6 months |
12 months – Improved! |
Blood profile |
6 months |
12 months – Improved! |
Prostate specific antigen (for men) |
6 months |
12 months – Improved! |
Pulmonary X-ray |
6 months |
12 months – Improved! |
Personal and medical history sections of the insurance application |
6 months |
12 months – Improved! |
Tele-interview |
6 months |
12 months – Improved! |
Resting electrocardiogram |
12 months |
12 months |
Stress electrocardiogram |
12 months |
12 months |
Please refer to the updated documents “Underwriting Requirements – Life Insurance (MIND0084A)” and “Underwriting Requirements – Critical Illness (MIND0085A)” both availabe in version 3.1 of the illustration software library and on the advisors’ secure website.