Illness and Injury Guidelines
This guide has been developed as an aid to better help field agents understand the type of illnesses and/or injuries that may qualify for “impaired risk” underwriting of life contingent immediate annuities.
Life contingent annuities are those annuities that pay benefits for:
- Life only
- Life and Period Certain
- Temporary Life Contracts
Keep in mind, the illness and/or injury needs to be significant enough to classify the annuitant as table 4 or higher in order for medical underwriting to impact your case.
For purposes of obtaining a favorable underwriting decision, we must receive Attending Physician’s Statements, Hospital Discharge Summaries, Illness Diagnosis and recent Medical Examinations.
Please Note: No insurance company will reimburse the cost of medical documentation for annuity underwriting purposes.
The following is a partial list of illnesses and injuries that may help you qualify your case:
| Illness | Injury |
|---|---|
| Cancer (Metastasized) other than skin cancer | Paraplegia |
| Heart Disease including by-pass/valve replacement | Brain Injury (cognitive diminishment) |
| Renal Failure | Spinal Injury |
| Brain Tumor | Significant Burns (lung injury) |
| Mental Retardation | |
| Diabetes with complications | |
| HIV/AIDS | |
| Cystic Fibrosis |
Explain what medical condition affects this annuitant making him/her a good candidate for “sub-standard” annuity underwriting.