I work in Life Insurance (only temporarily thank god!) and we had a Christmas party the other day where we invited the senior underwriter (an Actuary) from a very large insurance company who deals with our cases.
Because of an agent question, she mentioned a case she had. The client had taken ecstasy ("only once") and admitted it to the Agent and put that info on her application form.
The underwriter has follow underwriter's guidelines in such cases. Unfortunately the client was not allowed to apply for insurance for 7 years to that company.
Food for thought.
Rob
Because of an agent question, she mentioned a case she had. The client had taken ecstasy ("only once") and admitted it to the Agent and put that info on her application form.
The underwriter has follow underwriter's guidelines in such cases. Unfortunately the client was not allowed to apply for insurance for 7 years to that company.
Food for thought.
Rob