Prequalification Information

For this product Fidelity Life employs our Rapid Decision underwriting process where underwriting decisions will be geared to an accept/decline model with minimum additional evidence. Therefore, it is very important to pre-qualify all applicants. Cases which cannot be approved or denied right away will be withdrawn until the necessary information is submitted.

In every case, MIB, MVR and Pharmacy records will be obtained. The information must be consistent with the information found in these records. All interviews will be conducted with the proposed insured and are recorded. No other person, including family members, friends, translators or guardians may answer questions on behalf of the proposed insured. If there is no primary care physician or none has been seen within the past 5 years, the case will be denied due to the "absence of health care appropriate to age."

Ratable medical conditions are not suited to this product. The following is a list of some of the more common conditions which are not accepted; cancer, diabetes, heart attack, heart by-pass/angioplasty, sleep apnea and stroke/TIA.

In order to sustain the product at its current pricing level, we have an expectation that because of the streamlined underwriting process, 90% of applications submitted will be approved and 90% of applications approved will be placed. This product is fully underwritten. It is neither a guaranteed issue or simplified issue product.