Successful Teams Pull as One

Transcription

1 Successful Teams Pull as One SIMPLIFIED UNDERWRITING GUIDE 06/13

2 SIMPLIFIED UNDERWRITING: Issue and Draft Dates We have three draft dates a month the 8th, 18th and 28th but we can issue policies any day of the month. The draft date will depend on when the issue date is: the draft date will be nearest to the issue date. Issue time Most health polices can be underwritten and issued within 2 ½ weeks from when the Home Office receives the application. It could take longer if there is anything missing on the application. Our companies require all health applications to be verified by telephone before submitting them to the Home Office. Verifying Health Applications After completing the application, you will call Apptical and request for the interview to be done. Apptical s phone number is for point of sale verification. For more information on how to conduct a point of sale interview, please login to our current agent s page at and look for Point of Sale Verification. NEW UNDERWRITING RULES CONCERNING PRE-EXISTING CONDITIONS Pre-existing Conditions In some instances, the company may have to issue the policy with an exclusionary rider attached, excluding a pre-existing condition for 12 months. Policies with a 12 month rider for pre-existing conditions will state at the bottom of the form: This exclusionary amendment terminates one year after the effective date making it null and void Individuals with More Serious Medical Conditions On medical conditions that most companies would decline the application, we may consider offering an alternative exclusionary rider: Rather than declining the entire application we would offer, as an option, a permanent exclusionary rider excluding the condition(s). The permanent exclusionary rider will state; consideration for removal of this amendment can be made with a written request from the named insured on any anniversary date. Again, in most instances, this permanent rider would be used on pre-existing conditions that other Health Insurance Companies would medically decline.

3 COMMON SENSE UNDERWRITING: Conditions that will be declined Conditions that will be declined unless applicant accepts Medical Rider ** Height and Weight Chart Verification Interview Required on Health Applications Prescription Drug check at the option of the Underwriter List of Conditions: The following conditions will be declined unless otherwise notated next to the condition: ** Insurer may be offered a permanent rider that would state that, upon a request from the policyholder on the anniversary dates, the company would reconsider removing the rider, but this is not guaranteed. In most instances, this permanent rider would be used on pre-existing conditions that other Health Insurance Companies would medically decline. Acquired Immune Deficiency Syndrome (AIDS) AIDS Related Complex (ARC) Heart Disease ** Muscular Dystrophy Heart Surgery ** Myositis Alcohol or Drug Abuse Hepatitis C Organ Failure Alzheimer s Disease Human Immunodeficiency Virus (HIV) Arterial Disease ** Insulin Dependent Diabetes Bipolar Disorder/ Manic Depression Organ Transplant Organic Brain Syndrome Internal Cancer ** Osteoporosis with History of Bone Fracture Bone Disease Kidney Disease Paralysis (any Type of Degree) Cerebrovascular Accident (CVA) Chronic Obstructive Lung Disease (COLD) Chronic Obstructive Pulmonary Disease (COPD) ** Liver Disease Peripheral Vascular Disease Lou Gehrig s Disease (ALS) Lupus Erythematosus Discord ** Rheumatoid Arthritis ** ** Senile Dementia Cirrhosis Major Depression Stroke Over 1 Year ** Crohn s Disease (lleitis) Melanoma Cancer Over 2 Years ** Substance Abuse Emphysema ** Multiple Sclerosis Transient Ischemic Attack (TIA) Heart Attack ** Muscle Disease Ulcerative Colitis This is not all inclusive; however, it does include the most common uninsurable conditions. Agents may go to click on Current Agents and go to our agents secure page for more comprehensive Underwriting Guide. **

4 APPLICATION SUBMISSION PROCESS: Mail Applications to: Southwest Service Life Insurance Company P.O. Box Ft. Worth, Texas Agency Department Phone l Please complete all forms with health application. Submit to the Home Office within 7 days of completion. Please have point of sale verification completed before submitting applications. Please use our self-addressed postage paid envelopes to mail your business. E-Applications: Please call the Home Office if you haven t been set up on our E-Application If our E-Application website is down or under construction, please mail your applications to the Home Office. If you choose to Fax your application, please use the number below. We ask you to mail in the original application as soon as you can, please note on the original application it is a duplicate. Fax Applications to: Internet: Southwest Service Life Insurance Company Agency Department Fax# Access to all SWSL applications and forms are available online at Please go to our website and get set up, all you need is your agent writing number and the last 4 digits of SS number. Status on Pending Applications: Most policies are underwritten in 2½ weeks or less. If you need to know the status on a Pending Application please call the Agency Department and we will glad to let you know. If something comes up on a Pending Application we will contact the agent immediately.

5 Southwest Service Life Insurance Company MALES HEIGHT & WEIGHT GUIDELINES FEMALES Height Underweight Overweight Height Underweight Overweight