Life Insurance Impairment Risk Assessment

It's no secret that underwriting can often be a hurdle for life agents. That's why Senior Market Sales offers a valuable underwriting service to utilize BEFORE the application is submitted. A little work up front may save valuable time later. This value-added service allows you to input your client’s health ailments into our online questionnaire(s). A professional underwriter will provide a probable rating range, a suggested company and helpful hints for presenting and placing your case.

  1. Has anyone in your family died from any disease prior to age 60?
  2. Have you had any history of substance abuse or alcohol abuse in the last five years?
  3. Have you had any moving violations in the last two years?
  4. Does your job require you to perform any hazardous activities?
  5. Does your medical history include things like diabetes, skin cancer or sleep apnea?

If your client answers yes to any of these questions AND has severe or multiple risk factors consider a professional underwriting review BEFORE the application is submitted. Submit the health information on the appropriate questionnaire. This value-added service allows you to access to the insights of a professional underwriter. The professional underwriter will provide a probable rating range, a suggested company and helpful hints for presenting and placing your case.

Mostly, know that a little work up front may prevent a lot of work later on explaining underwriting outcomes. Ask questions about your clients’ health and then ask follow-up questions to put things in context. Use the questionnaires as a guide. By asking the questions up front you may have a clearer picture of the possible underwriting outcome in advance of it being submitted as an application to a carrier. This may also save your client form having a record of a decline.

Click and print the necessary questionnaire

FAX the completed impairment questionnaires to 402-391-9672