Which policy changes require underwriting?
The table below outlines the policy changes that require underwriting.
(note: NS stands for non-smoker change)
| Underwriting changes | Non-underwriting changes |
|---|---|
| Increase in coverage | Face amount reduction |
| Addition of a rider (CI, Term, child rider) | Cancellation of a rider / coverage |
| Reinstatement | Severance option (split) |
| NS change | DOB correction |
| Reconsideration of rating or risk class | Deregistration |
| COI change to level with increase in risk | |
| Addition of a new life / coverage (Term and CI only) |