New Lab Rules Make It Easier to Apply for IDI
We're always looking for ways to streamline the application process for income protection insurance. We won’t require applicants age 18-50 to submit labs or physical measurements for the following products and amounts:
- Platinum Advantage: up to $10,000 in monthly benefits
- Business Overhead Protector®: up to $25,000 in monthly benefits
- Business Equity ProtectorSM: up to $750,000 in aggregate benefit amounts (no requirements for all ages up to $250,000)
The new requirements apply to labs and exams scheduled on or after March 17, 2021. Applications dated on or before April 15, 2021 can still apply under the temporary COVID-19 guidelines, if more favorable to the applicant.
Please note that client quotes will reflect the new requirements starting in early April.
See Updated Medical Underwriting Requirements
For Producers Only
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