Page 8 - iA Excellence -Field Underwriting Guide - Updated on July 2019

Medical underwriting

Underwriting analysis
Step-by-step view of the underwriting process and decision
When the file is complete
(all requirements received),
the underwriter analyzes the
file and makes a decision as
shown below.

Application Underwriting Approved
received analysis and standard
decision

Approved with
Exclusions/Rating
Contract with
Coverage Summary
Follow-up assembled
with broker Contract with
Data entry (missing info) offer assembled

Phone
Details entered, interview
requirements
ordered Follow-up Sent to Managing
with broker General Agency
or Managing
General Agency

Requirements
received

Data entry Collection of
Application received and information
entered in our administrative Medical
system. requirements
Important: Make sure that including Phone Signed Contract
all the components of the interview documents delivered
application are properly management. received
completed in order to avoid Contract
a call or an e-mail asking for takes effect
the missing information and
creating delay.

Delivery

Coverage
8 Summary
delivered
For exclusive use by Financial Advisors