| | DECEMBER 2020 CAMPAIGN FOR GUARANTEE ADVANTAGE |
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| NEW BUSINESS AND UNDERWRITING |
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YOU CAN RESUME ORDERING MEDICAL REQUIREMENTS FOR CERTAIN CLIENTS YOURSELF |
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Great news! You can now go back to ordering medical requirements yourself for some of your clients. |
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To avoid making your clients provide any unnecessary urine or blood samples, we’ll continue to order telephone underwriting interviews ourselves as shown below. |
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Underwriting requirements
See the HTML version to get a better view of the tables. Preferred rates |
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Sum Insured* ($) | Age | 0‑14 | 15‑17 | 18‑40 | 41‑45 | 46‑50 | 51‑60 | 61‑65 | 66‑70 | 71 + | 0 - 100,000 | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 3 | 3 | 100,001 - 249,999 | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 5 | 5 | 5 | 250,000 - 300,000 | 1FT | 1FT | 1FT | 1FT | 1FT | 5 | 5 | 5 | 5 | 300,001 - 499,999 | 1FT | 1FT | 1FT | 1FT | 1FT | 5 | 5 | 5 | 5 | 500,000*** | 1FT | 1FT | TU | TU | TU | 5 | 5 | 5 | 5 | 500,001 - 1,000,000 | 1 | TU | TU | TU | TU | 5 | 5 | 5 | 5 | 1,000,001 - 2,000,000 | 1 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 2,000,001 - 3,000,000 | 1 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 3,000,001 - 5,000,000 | 1 | 4 | 7 | 7 | 7 | 7 | 8 | 9 | 9 | 5,000,001 - 10,000,000 | 1 | 4 | 7 + MVR + AUM | 7 + MVR + AUM | 7 + MVR + AUM | 8 + MVR + AUM | 8 + MVR + AUM | 9 + MVR + AUM | 9 + MVR + AUM | 10,000,001 and over | 1 | 4 | 7 + INS + MVR + AUM | 8 + INS + MVR + AUM | 8 + INS + MVR + AUM | 8 + INS + MVR + AUM | 9 + INS + MVR + AUM | 9 + INS + MVR + AUM | 9 + INS + MVR + AUM |
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Sum
Insured* ($) | Age | 0‑14 | 15‑17 | 18‑40 | 41‑45 | 46‑50 | 51‑60 | 61‑65 | 66‑70 | 71 + | 0 - 100,000 | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 3 | 3 | 100,001 - 249,999 | 1FT | 1FT | 1FT | 1FT | 1FT | 1FT | 5 | 5 | 5 | 250,000 - 300,000 | 1FT | 1FT | 1FT | 1FT | 1FT | 4 | 5 | 5 | 5 | 300,001 - 499,999 | 1FT | 1FT | 1FT | 1FT | 1FT | 4 | 5 | 5 | 5 | 500,000*** | 1FT | 1FT | 1FT | 1FT | 1FT | 4 | 5 | 5 | 5 | 500,001 - 1,000,000 | 1FT | TU | TU | TU | TU | 5 | 5 | 6 | 6 | 1,000,001 - 2,000,000 | 1 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 2,000,001 - 3,000,000 | 1 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 3,000,001 - 5,000,000 | 1 | 4 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 5,000,001 - 10,000,000 | 1 | 4 | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 10,000,001
and over | 1 | 4 | 7 + INS | 7 + INS | 7 + INS | 8 + INS | 9 + INS | 9 + INS | 9 + INS |
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| Note | Description | FT | Eligible for a point-of-sale decision | 1 | Non-medical | 2 | Non-medical and Urine | 3 | Non-medical and Paramedical | 4 | Non-medical, Paramedical and Urine | 5 | Non-medical, Paramedical, Blood profile and Urine | 6 | Non-medical, Paramedical, Blood profile, Urine and Resting Electrocardiogram | 7 | Non-medical, Paramedical, Blood profile, Urine and Financial questionnaire** | 8 | Non-medical, Paramedical, Blood profile, Urine, Resting Electrocardiogram and Financial questionnaire** | 9 | Non-medical, Paramedical, Blood profile, Urine, Stress Electrocardiogram and Financial questionnaire** | INS | Inspection Report | MVR | Motor Vehicle Report | TU | Telephone underwriting interview that will be ordered by head office | AUM | Access Authorization for Motor Vehicle Report (Quebec only) | * | Sum insured is the total amount of insurance taken out in the last 6 months with Desjardins Insurance. | ** | For Business Insurance, attach the company’s financial statements. | *** | In order for the insured to be eligible for a point-of-sale decision, the evidence of insurability must be equal to 1 and the sume insured cannot exceed a maximum of $500,000. |
- For individuals age 65 and under, medical requirements are valid for 12 months.
- For individuals age 66 and over, the requirements are valid for 6 months, except the resting and stress electrocardiogram and the inspection report, which are valid for 12 months.
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