by aayushkedia » Thu Dec 02, 2010 06:38 am
what are the factors we need to see if we are doing a life insurance and what are the factors that the underwriter works with to decide whether to give insurance or not?
Posted: Sun Dec 05, 2010 07:48 am Post Subject:
Health issues:
- Body Build
- Blood Pressure
- Cholesterol
- Tobacco use
- Blood and Urine analysis for proper function of organs
They will also look at other aspects of your life like possibly participation in hazardous activities.
Posted: Sun Dec 05, 2010 10:07 pm Post Subject:
Depending on a person's age, and the amount of insurance being applied for, in addition to the factors BNTRS identifies, the underwriter may also order a credit report, consumer investigative (inspection) report, an EKG, Attending Physician's Statement, a DMV report, or any other medical or diagnostic exam necessary to make a decision. By "body build", BNTRS also means "Height & Weight".
Posted: Mon Dec 06, 2010 05:20 am Post Subject:
Yes, these are all the vital factors that the underwriters take into account while writing a policy for you. On the basis of these factors they'd put you under a class. So you need to study the effects of these factors in greater details much before you plan on signing up with one of them.
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