Page 33 - iA Excellence -Field Underwriting Guide - Updated on July 2019

Important: For disability insurance, when the client’s If applicants have lost their driver’s license because
occupation involves a hazardous sport – as for of driving under the influence, before being eligible
example a heli-ski guide or instructor – the client is for insurance they must satisfy the following
eligible under our Class C occupational class, with an conditions:
exclusion for any heli-skiing that is not work-related
(for instance, practicing heli-skiing for pleasure). If applicants have lost their driver’s license because
of driving under the influence, they must satisfy
For life insurance, subject to the above criteria, we the following conditions before being eligible for
will, when possible, offer the applicant a choice insurance:
between a special rating or an exclusion rider.
Life
CRIMINAL RECORD Have recovered their driver’s license
Applicants with criminal activities may be uninsurable.
Applicants must have completed their sentence before
being eligible to apply for one of our products. Subject Disability
to the type and severity of the criminal act, and the Have recovered their full driver’s license (i.e., with
time period since the sentence was completed, they no restrictions at all, such as “driving for work
could be approved standard to rated, or else declined. only” or “use of a breathalyzer”) for a period of
Having more than one criminal record would lead to a 12 consecutive months
more severe decision, subject to the type and severity.
When applicants lose their driving license for other
DRIVING reasons, the time period for which the driving
license must have been recovered can vary, as
Although it is true that violations of traffic law do
not necessarily result in accidents, studies do show determined by the specific reason.
that there is a high incidence of fatal accidents that
result from traffic law violations. Speeding is a most
significant risk factor. The ratio of actual or expected
number of accidents rises significantly with a record
of multiple violations, the deadliest being driving
under the influence. Careful analysis will be given by
the underwriter to the driving record of the applicant,
and again, for all lines of business, the decision could
vary between standard, rated and declined.

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