Underwriting Quick Reference Guide Life Products December 2015

Transcription

1 Underwriting Quick Reference Guide Life Products December 2015 Policies issued by American General Life Insurance Company (AGL) FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.

2 American General Life Insurance Company Age and Amount Underwriting Requirements PERMANENT PLANS ONLY Amount to $24,999 NM NM NM NM NM NM NM* NM* $25,000 to $99,999 $100,000 to $249,999 NM with a current APS NM with a current APS 3 NM NM NM NM NM PM, B/U PM, B/U PM, B/U PM, B/U PM, B/U 2 NM EKG EKG EKG,, 71IR $250,000 NM EKG EKG $250,001 to $499,999 NM $500,000 NM $500,001 to $1 million $1,000,001 to $1.5 million $1,500,001 to $3 million $3,000,001 to $5 million $5,000,001 to $10 million IC, FQ¹ IC,, FQ¹ IC, FQ¹ IC, FQ¹ IC, FQ¹ IC, FQ¹, TPF 1 IC,, FQ¹ IC,, FQ¹ IC,, FQ¹ IC,, FQ¹, TPF 1, FQ, FQ, ES, FQ, CR, ES, FQ,, FQ, FQ, ES, FQ, CR, ES, FQ,, FQ, FQ, ES, FQ, CR, ES, FQ,, FQ, FQ, ES, FQ, CR, ES, FQ, EKG EKG, FQ, FQ, ES, FQ, CR, ES, FQ, TPF, EKG, FQ FQ, FQ, FQ, FQ, ES, FQ, CR, ES, FQ, TPF,, ES, ES, FQ, ES, FQ, FQ, ES, FQ, ES, FQ, ES, FQ, TPF, ES, FQ, TPF, EKG,, 71IR, ES EKG,, 71IR, ES, FQ EKG,, 71IR, ES, FQ, EKG,, FQ, 71IR, ES EKG,, FQ, 71IR, ES EKG,, FQ, 71IR, ES EKG,, FQ, TPF, 71IR, ES EKG,, FQ, TPF, 71IR, Greater than $10 million IC, FQ¹, TPF¹ IC,, FQ¹, TPF 1 IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, EKG,, FQ, TPF, 71IR, ¹ FQ and TPF for a juvenile should be completed on Head of Household (or person who would receive death proceeds.) 2 Lab Testing includes NT pro-bnp at these ages and amounts. NM = n-medical * APS may be required, see APS ordering guidelines in UW & Claims Guide A HIPAA authorization is required for all ages & amounts. Face amount is based on the total amount of coverage issued and placed in force by American General Life Insurance Company within the past 12 months. Additional database checks may be ordered from the Home Office. (This may include an Rx Database Check, property verification, Internet report, MIB, or other research deemed necessary by Underwriting.) An APS may be ordered by the HO for cause in any cell, please see the APS guidelines in the UW & Claims Guide

3 American General Life Insurance Company Age and Amount Underwriting Requirements TERM PRODUCTS ONLY Amount to $24,999 NM NM NM NM NM NM NM* NM* $25,000 to $99,999 $100,000 to $249,999 NM with a current APS NM with a current APS 3 NM NM NM NM NM PM, B/U PM, B/U PM, B/U PM, B/U PM, B/U 2 NM EKG EKG EKG,, 71IR $250,000 NM EKG EKG, ES EKG,, 71IR, ES $250,001 to $499,999 NM EKG FQ, ES, FQ EKG,, 71IR, ES, FQ $500,000 NM EKG EKG, FQ, ES, FQ EKG,, 71IR, ES, FQ $500,001 to $1 million IC, FQ¹ IC,, FQ¹, FQ, FQ, ES EKG,, FQ, 71IR, ES $1,000,001 to $1.5 million IC, FQ¹ IC,, FQ¹, CR, CR, CR, CR, CR, CR, FQ, FQ, ES EKG,, FQ, 71IR, ES $1,500,001 to $3 million IC, FQ¹ IC,, FQ¹, ES, ES, ES, ES, ES, ES, FQ, FQ, ES EKG,, FQ, 71IR, ES $3,000,001 to $5 million IC, FQ¹ IC,, FQ¹, FQ, ES, FQ, ES, FQ, ES, FQ, ES, FQ, ES, FQ, ES, FQ, TPF, ES EKG,, FQ, TPF, 71IR, ES $5,000,001 to $10 million IC, FQ¹, TPF¹ IC,, FQ¹, TPF¹, FQ,, FQ,, FQ,, FQ,, FQ, TPF,, FQ, TPF,, FQ, TPF, EKG,, FQ, TPF, 71IR, Greater than $10 million IC, FQ¹, TPF¹ IC,, FQ¹, TPF¹ IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, IR,, FQ, TPF, EKG,, FQ, TPF, 71IR, ¹ FQ and TPF for a juvenile should be completed on Head of Household (or person who would receive death proceeds.) 2 Lab testing Includes NT pro-bnp at these ages and amounts. NM = n-medical * APS may be required, see APS ordering guidelines in UW & Claims Guide A HIPAA authorization is required for all ages & amounts. Face amount is based on the total amount of coverage issued and placed in force by American General Life Insurance Company within the past 12 months. Additional database checks may be ordered from the Home Office. (This may include an Rx Database Check, property verification, Internet report, MIB, or other research deemed necessary by Underwriting.) An APS may be ordered by the HO for cause in any cell, please see the APS guidelines in the UW & Claims Guide

4 APS* B/U Attending Physician s Statement Full blood profile & urinalysis IC IR * Individual consideration Inspection Report TPF Third party financials provided by CPA with first-hand knowledge of client s finances CR * EKG ES* FQ Credit Report Resting EKG Electronic Records Search Financial questionnaire MD * PM Exam by physician Motor Vehicle Report Paramedical exam to include height/weight, blood pressure & pulse TT * 71IR * Tax Transcript (Client must provide Request for Transcript of Tax Return [IRS 4506T-EZ]) Expanded Inspection Report to include Cognitive Tests FT Functional Tests conducted with PM / MD * Home Office Ordered requirement HEIGHT Preferred Build Chart FEMALE PREFERRED PLUS PREFERRED NT PREFERRED T STANDARD PLUS Ft In. Low High Low High Low High >143 > >148 > >153 > >158 > >164 > >169 > >175 > >180 > >186 > >192 > >198 > >204 > >210 > >217 > >223 > >229 > >236 > >242 > >249 > >256 > >263 > >270 > >277 > >284 >272 STD NT STD T HEIGHT Preferred Build Chart MALE PREFERRED PLUS PREFERRED NT PREFERRED T STANDARD PLUS Ft In. Low High Low High Low High >147 > >153 > >158 > >164 > >169 > >175 > >180 > >186 > >192 > >198 > >204 > >210 > >217 > >223 > >229 > >236 > >242 > >249 > >256 > >263 > >270 > >277 > >284 > >291 > >299 > >305 >292 STD NT STD T

5 Approved Paramedical Companies: EMSI: 1-800/ APPS: 1-800/ QoL Universal Life Preferred NT Standard NT Preferred Tobacco Standard Tobacco Tobacco Use 3 years or more 1 year or more Personal History Hazardous Occupation, Aviation, or Avocation? Cholesterol If unknown, quote Standard Plus. Blood Pressure Build See chart on reverse side. 3 Family History 4 (If Yes quote Standard) If ratio <6.0, 245 If ratio <5.5, 290 Age 0-60 and BP 145/88 or Age 61+ and BP 155/88 2 DUI, Reckless Revocation or Suspension in 6 years death due to coronary artery disease or cancer in If ratio >6.0, 245 If ratio >5.5, 290 Age 0-60 and BP >145/88 Age 61+ and BP >155/88 DUI, Reckless Revocation or Suspension in 3 years 3 (If Yes quote Standard Tobacco) If ratio <6.0, 245 If ratio <5.5, 290 Age 0-60 and BP 145/88 or Age 61+ and BP 155/88 2 See current height and weight chart DUI, Reckless Revocation or Suspension in 6 years death due to coronary artery disease or cancer in If ratio >6.0, 245 If ratio >5.5, 290 Age 0-60 and BP >145/88 Age 61+ and BP >155/88 DUI, Reckless Revocation or Suspension in 3 years 3 1 Appropriate substandard/extra premium may be added 2 Refer to term chart for Preferred Plus - 1 BP readings 3 A rating may apply due to overall driving history 4 Family History of cancer in parents includes melanoma but usually not other skin cancers. Family history can be disregarded for a proposed insured age 66 and above. Gender specific cancers can be disregarded at all ages. (Male insured: disregard mother hx breast, ovarian, cervical cancer. Female insured: disregard father hx prostate, testiciular cancer).

6 QoL FlexTerm Preferred Plus* Preferred NT Standard Plus* Standard NT Preferred Tobacco* Standard Tobacco Lab Scoring Used for rate class evaluation 3 Tobacco Use 5 years or more 3 years or more 1 year or more 1 year or more Personal History Hazardous Occupation, Aviation, or Avocation? Cholesterol If unknown, quote Standard Plus. Blood Pressure Build See chart on reverse side. 2 (If Yes quote Standard) If ratio <5.0, 215 If ratio <4.5, 290 Age 0-60 and BP 135/85 or Age 61+ and BP 140/85 DUI, Reckless Revocation or Suspension in 7 years Coronary Artery Disease or Cancer diagnosed in (If Yes quote Standard) If ratio >7.0, 260 If ratio >6.5, 290 Age 0-60 and BP 140/85 or Age 61+ and BP 150/85 DUI, Reckless Revocation or Suspension in 6 years death due to coronary artery disease or cancer in (If Yes quote Standard) If ratio <7.0, 260 If ratio <6.5, 290 Age 0-60 and BP 145/88 or Age 61+ and BP 155/88 DUI, Reckless Revocation or Suspension in 5 years One coronary artery disease or cancer death in parents prior to age 60 If ratio >6.0, 245 If ratio >5.5, 290 Age 0-60 and BP >145/88 or Age 61+ and BP >155/88 See current height and weight chart DUI, Reckless Revocation or Suspension in 3 years 2 (If Yes quote Standard Tobacco) If ratio <6.0, 245 If ratio <5.5, 290 Age 0-60 and BP 140/85 or Age 61+ and BP 150/85 DUI, Reckless Revocation or Suspension in 6 years death due to coronary artery disease or cancer in If ratio >6.0, 245 If ratio >5.5, 290 Age 0-60 and BP >140/85 or Age 61+ and BP >150/85 DUI, Reckless Revocation or Suspension in 3 years 2 Family History 4 *Where applicable by plan and state approval 1 Appropriate substandard/extra premium may be added 2 A rating may apply due to overall driving history 3 American General Life Insurance Company uses a lab scoring methodology to determine preferred rate classes for Term applications, and overall acceptability. Applicants with favorable lab scoring results, in addition to our established preferred criteria, are eligible to receive our best offers. The vast majority of applicants who previously met Preferred Plus, Preferred n Tobacco, Standard Plus, or Preferred Tobacco rate class criteria continue to do so. 4 Family History of cancer in parents includes melanoma but usually not other skin cancers. Family history can be disregarded for a proposed insured age 66 and above. Gender specific cancers can be disregarded at all ages. (Male insured: disregard mother hx breast, ovarian, cervical cancer. Female insured: disregard father hx prostate, testiciular cancer).

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8 Policies issued by American General Life Insurance Company (AGL). Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit business in the state of New York. Products may not be available in all states and product features may vary by state. Please refer to your policy. Policy and riders not available in al states. IMPORTANT: Prior to soliciting business, be certain that you are appropriately licensed and appointed with the insurer and that the product had been approved for sale by the insurer in that state AIG. All rights reserved. FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION REV1215