KANSAS CITY LIFE INSURANCE COMPANY Underwriting Requirements Guide FOR AGENT USE ONLY. NOT FOR USE WITH MEMBERS OF THE PUBLIC.
Amplified Includes blood profile as well as height, weight, blood pressure, pulse and Home Office Specimen (). Arrange to be completed through the examiner. The health statement on the application must be completed. Paramedical A basic paramedical examination. This includes a medical history, height, weight, blood pressure, pulse, blood and urine testing. Approved Paramedical Companies Examination Management Services, Inc. (EMSI) www.emsinet.com... 800-872-3674 Portamedic www.portamedic.com... 800-782-7373 APPS www.appsnational.com... 800-PARA999 (800-727-2999) ExamOne www.examone.com... 877-933-9261 Examiners associated with appointed paramedical organizations will be aware of our requirements for the age and amount applied for. They should have the necessary supplies including blood profile kits. Twelve lead-resting electrocardiogram without interpretation. Arrange to be completed through the examiner.
Blood chemistry panel. (Special kits are available at Kansas City Life Insurance Company s Home Office and must be delivered to the examiner at the time of the exam. Our appointed paramedical facilities also stock them.) The blood sample is forwarded to ExamOne, P.O. Box 2035, Shawnee Mission, KS 66201-9952. The applicant should fast for eight hours before blood is drawn. Home Office Specimen (urine sample) is to be forwarded to ExamOne, P.O. Box 2035, Shawnee Mission, KS 66201-9952. Age Age of insured is typically determined by age nearest birthday. Some products use age at last birthday. Inspections Home Office or third-party interview inspections may be made on life insurance applications. ALL applicants must be given the notice that they may be inspected (Privacy Notice attached to application). Temporary Insurance Agreement (TIA) General A TIA should be used whenever the primary insured submits money for a policy (except an annuity) or marks draft initial premium box on the application before it is issued. No money may be submitted on applications for more than $1 million, or if the proposed insured is older than age 70. Premium requirements To bind coverage under the TIA, the premium submitted with the application should be the greater of the following: 1) The full modal premium stated on the application; or 2) Two monthly premiums (one monthly premium for a pre-authorized check [PAC] or combined billing/family plan modes).
Monthly premium referred to here is defined as follows: 1) For new business, rollovers, conversions and exchanges: a) Traditional policies: the full monthly premium b) UL policies: the greater of the planned premium on a monthly mode and the minimum monthly premium c) Single Premium UL rollover: the full single premium The maximum amount of coverage available under a TIA is $500,000. Financial Underwriting Purpose Personal Coverage and Income Replacement (Factor x Income) Estate Planning Juvenile Coverage Charitable Giving Buy/Sell, Stock Redemption Key Person Creditor, Loan Coverage Age to 40 41-45 46-50 51-55 56-60 61-65 66-70 71 and up Formula Factor 30 25 20 15 12 10 5 IC IC = Individual Consideration Taxable Estate Value x Tax Rate Individual Consideration Individual Consideration Business Valuation x Percent of Ownership 5-10 x Current Salary Plus Bonus Up to 80 percent of Outstanding Loan Amount Please keep in mind that the above guidelines are rules of thumb and should not be used in place of in-depth financial planning analysis of a client s needs. For more specific information and requirements, refer to the Financial Underwriting module.
Preferred Elite Underwriting Guidelines Applicants with a rateable impairment will not qualify. To be considered for the Preferred Elite classification, applicants must meet the following criteria: Tobacco use Five years nicotine free Blood pressure control No medication Ages 0 50: 135/85 Ages 51+: 140/90 Personal history No personal history of cardiovascular disease, diabetes, cancer, alcohol and/or drug abuse Family history No cardiovascular disease, insulin dependent diabetes or cancer prior to age 60 in parents or siblings, or presence of any other hereditary disease Driving history No more than two moving violations in the last three years and no DUI or reckless driving in the last five years Total cholesterol 220 max (allows use of cholesterollowering medications) Cholesterol/HDL ratio < = 5.0 Aviation No private pilots unless aviation exclusion is used. Commercial airline pilots would be eligible. Foreign travel/residence Must be a permanent resident and no extensive foreign travel Occupation Not hazardous Avocation Not rateable Applicant cannot exceed the following build requirements. PREFERRED PREFERRED HEIGHT ELITE WEIGHT HEIGHT ELITE WEIGHT 4 8 123 5 9 186 4 9 127 5 10 192 4 10 132 5 11 197 4 11 136 6 0 203 5 0 141 6 1 208 5 1 146 6 2 214 5 2 151 6 3 220 5 3 155 6 4 226 5 4 160 6 5 232 5 5 165 6 6 238 5 6 171 6 7 244 5 7 176 6 8 250 5 8 181 6 9 257
Preferred Underwriting Guidelines Applicants with a rateable impairment will not qualify. To be considered for the Preferred classification, applicants must meet the following criteria: Tobacco use Three years nicotine free Blood pressure control Ages 0 50: 140/85 Ages 51+: 145/90 Personal history No personal history of cardiovascular disease, diabetes and/or cancer Family history* No deaths of parents or siblings from cardiovascular disease, diabetes or cancer before age 60, or presence of any other hereditary disease Driving history No more than two moving violations in the last three years and no DUI or reckless driving in the last five years Total cholesterol 250 max (allows use of cholesterol-lowering medications) Cholesterol/HDL ratio < = 6.5 Aviation No private pilots unless aviation exclusion is used. Commercial airline pilots would be eligible. Foreign travel/residence Must be a permanent resident and no extensive foreign travel Occupation Not hazardous Avocation Not rateable *One early death may be discounted on permanent products or Cashback Life. Applicant cannot exceed the following build requirements. PREFERRED PREFERRED HEIGHT WEIGHT HEIGHT WEIGHT 4 8 136 5 9 207 4 9 141 5 10 213 4 10 146 5 11 219 4 11 151 6 0 225 5 0 157 6 1 232 5 1 162 6 2 238 5 2 167 6 3 244 5 3 173 6 4 251 5 4 178 6 5 258 5 5 184 6 6 264 5 6 189 6 7 271 5 7 195 6 8 278 5 8 201 6 9 285
Standard Select Underwriting Guidelines Not available on the SuperNova, FlexWealth Advantage and Accumulator Variable Universal Life products. Applicants with a rateable impairment will not qualify. To be considered for the Standard Select classification, applicants must meet the following criteria: Tobacco use One year nicotine free Blood pressure control Ages 0 60: 150/90 Ages 61+: 155/92 Personal history No personal history of cardiovascular disease, diabetes and/or cancer Family history No more than one death from cardiovascular disease and/or cancer prior to age 60 in parent or siblings Driving history No more than two moving violations in the last three years and no DUI or reckless driving in the last five years Total cholesterol 260 max (allows use of cholesterollowering medications) Cholesterol/HDL ratio < = 7.0 Aviation No private pilots unless aviation exclusion is used. Commercial air line pilots would be eligible. Foreign travel/residence Must be a permanent resident and no extensive foreign travel Occupation Not hazardous Avocation Not rateable Applicant cannot exceed the following build requirements. STANDARD STANDARD SELECT SELECT HEIGHT WEIGHT HEIGHT WEIGHT 4 8 146 5 9 217 4 9 151 5 10 223 4 10 156 5 11 229 4 11 161 6 0 235 5 0 167 6 1 242 5 1 172 6 2 248 5 2 177 6 3 254 5 3 183 6 4 261 5 4 188 6 5 268 5 5 194 6 6 274 5 6 199 6 7 281 5 7 205 6 8 288 5 8 211 6 9 295
Medical Underwriting Amounts 0-14 15-39 $0 to $49,999 $50,000 to $99,999 $100,000 to $300,000 $300,001 to $1,000,000 Non-Med Non-Med Non-Med Consult Home Office Non-Med Amplified Paramed $1,000,001 to $2,000,000 Consult Home Office Paramed More than $2,000,000 Consult Home Office *Paramedical exam may be required if physical by a doctor, clinic or hospital has not been completed within the last 12 months. **Tele-App: Amplified blood profile, and in lieu of paramedical examination. Tele-App: Amplified blood profile and in lieu of paramedical examination. # RX search ordered by Home Office.
Guidelines 40-49 50-65 66 and Over Non-Med Paramed Non-Med* or Teleapp only Paramed Non-Med* or Teleapp only Amplified Paramed RX Search # Paramed Paramed RX Search # RX Search # Paramed RX Search # RX Search # Amount is determined by coverage applied for plus coverage in force with Kansas City Life Insurance Company issued within the last five years. (If tele-application is utilized, in-force coverage will not be included.) and are determined by coverage applied for plus coverage in force with Kansas City Life issued within the last two years. At its discretion, New Business may order requirements other than those shown in this guide.
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3520 Broadway Kansas City, MO 64111 816-753-7000 www.kclife.com FOR AGENT USE ONLY. NOT FOR USE WITH MEMBERS OF THE PUBLIC. 10247 2.16C