Standard life individual insurance underwriting requirements (4439)

Underwriting requirements
Protecta Critical Illness insurance
Definitions
Amount of
Underwriting Requirements
Insurance
Non-Medical: Non-medical Supplement Non-Medical + UHIV or Tel-Express + UHIV Tel-Express: Taped telephone interview for collection of medical information – PARALIFE: Paramedical examination – PARALIFE + BCP + ECG (for ages 46 to 50) MEDILIFE: Medical examination – MEDILIFE (internist): Medical MEDILIFE + BCP with PSA + Stress ECG + APS + IR Perspecta Universal Life insurance, Term 10/20 Renewable & Convertible
insurance and Whole Life insurance
UHIV: Urine test inluding test for Amount of
Underwriting Requirements
Insurance
BCP: Blood Chemistry Profile blood test APS: Attending Physician’s Statement Stress ECG: Stress Electrocardiogram 1,000,001 – 2,000,000 PARALIFE + BCP + MVR + CFQ 2,000,001 – 3,000,000 PARALIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 PARALIFE + BCP + ECG + APS + MVR + IR with CFQ or FS MEDILIFE + BCP + ECG + APS + MVR + IR with financial statements 1,000,001 – 2,000,000 PARALIFE + ECG + BCP + MVR + CFQ IR with CFQ or FS: Inspection Report 2,000,001 – 3,000,000 PARALIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 PARALIFE + BCP + ECG + APS + MVR + IR with CFQ or FS MEDILIFE + BCP + Stress ECG + APS + MVR + IR with IR with financial statements: Inspection 1,000,001 – 2,000,000 MEDILIFE + BCP + ECG + APS + MVR + CFQ 2,000,001 – 3,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR with CFQ or FS MEDILIFE + BCP + Stress ECG + APS + MVR + IR with † See reverse for approved agencies *Applies to Perspecta Universal Life and Whole Life insurance policies only.
For insurance representative use only. Perspecta Universal Life, Term 10/20 R&C and Whole Life insurance (continued)
†Approved agencies
Amount of
Underwriting Requirements
Insurance
all blood and urine tests are to be sent exclusively to LabOne Canada Inc.
1,000,001 – 2,000,000 MEDILIFE + BCP + ECG + APS + MVR + CFQ 2,000,001 – 3,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR with CFQ or FS MEDILIFE + BCP + Stress ECG + APS + MVR + IR with • First Financial Underwriting Services 1,000,001 – 2,000,000 MEDILIFE + BCP + ECG + APS + MVR + CFQ 2,000,001 – 3,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 MEDILIFE + BCP + Stress ECG + APS + MVR + IR with CFQ or FS MEDILIFE + BCP + Stress ECG + APS + MVR + IR with • Keyfacts Life & Health inc.†† †† Agencies approved to handle APS requirements and 1,000,001 – 2,000,000 MEDILIFE + BCP + ECG + APS + MVR + CFQ 2,000,001 – 3,000,000 MEDILIFE + BCP + ECG + APS + MVR + IR 3,000,001 – 5,000,000 MEDILIFE (internist) + BCP + Stress ECG + APS + MVR + IR with ** The minimum sum insured is $25,000 for Whole Life insurance, $50,000 for Perspecta Universal Life insurance MEDILIFE (internist) + BCP + Stress ECG + APS + MVR + IR with and $100,000 for Term 10/20 R&C insurance.
This document presents the general rules applied at The Standard Life Assurance Company of Canada (“Standard Life”) for the underwriting of certain of its retail products and should, in no way, be viewed as limiting the right of Standard Life to refuse to insure risks based 1,000,001 – 2,000,000 MEDILIFE (internist) + BCP + ECG + APS + ADL + MVR + CFQ on criteria or requirements not listed here. Coverage 2,000,001 – 3,000,000 MEDILIFE (internist) + BCP + ECG + APS + ADL + MVR + IR remains subject to conditions, restrictions and limitations 3,000,001 – 5,000,000 MEDILIFE (internist) + BCP + Stress ECG + APS + MVR + IR with found in the applicable policy and related documents. Though Standard Life has taken all reasonable care to show MEDILIFE (internist) + BCP + Stress ECG + APS + MVR + IR with accurate information, it reserves the right to correct any error or omission. Underwriting criteria and requirements presented here are those in effect at the time of publication and may be subject to change without notice.
General notes
1. If over age 17, and not a permanent Canadian resident for at least 1 year, obtain a Blood Chemistry Profile with hepatitis B and C screens in all cases.
2. When Guaranteed Insurability Benefit (GIB) is requested, add 2 times the GIB amount to the Initial Sum Insured and refer to the table for requirements.
3. If a client is applying for both a Preferred and a Non-Preferred product simultaneously, use the Preferred products chart for the total Sum Insured applied for.
4. Additional requirements may be ordered at Standard Life’s discretion. 5. For Life Insurance, if a proposed insured has applied for other insurance in the last 12 months with Standard Life or with another Insurance Company, the total sum insured applied for during this period will be added together to determine the necessary underwriting requirements. 6. An Insured for Critical Illness insurance will be deemed a “non-smoker” if he/she has not, within the previous 12 months of applying for Critical Illness insurance, used tobacco in any form including: cigarettes, cigarillos, any form of cigars, marijuana, chewing tobacco, and pipe or used any products to stop smoking such as: ZYBAN®, nicotine patches, nicotine gum.
7. APSs will always be required on applicants who have had check-ups within six months of applying for Critical Illness coverage, or at Standard Life’s discretion.
8. If a client is applying for both Critical Illness and Life Insurance, use the appropriate underwriting chart for each product and Sum Insured. Do not duplicate the requirements, instead order the most stringent test. (MEDILIFE replaces PARALIFE, stress ECG replaces an ECG etc.)

Source: https://advisors.standardlife.ca/en/pdf/4439.pdf