Do you know someone with a rated insurance policy? How about an application for coverage that has been declined or postponed? Are you having trouble making any sense of a recent underwriting decision?
Traditional underwriting processes for life and living benefits insurance can be a trying experience for clients and advisors alike. Long delays are commonplace. There is no transparency into how the applicant is being...
With many investors looking for low risk income strategies as they head into retirement, the insured annuity is a popular option for retirees. Yet this concept is exquisitely sensitive to underwriting and can be easily thrown offside if the case is not handled properly.
An insured annuity is an elegantly simple concept that combines two completely separate financial instruments: an annuity and a life insurance...
New research suggests that laughing, eating chocolate and frequent sexual activity (not necessarily in that order) may extend your life.
Laughter
A recent study in Norway found that adults with a sense of humor outlive those who don’t find life funny. The study asked 54,000 Norwegians about their sense of humour and then tracked them for 7 years. The quartile with the funniest outlook on life were 35% more likely...
At IPS, our core mission is to protect our client’s insurability using service is Advocacy Underwriting for clients who are considering insurance solutions for their family, estate or business needs.
IPS restores client control over the insurance application process. Our team of insurance underwriting professionals simplifies the application process, collects all necessary information and assesses our...
Situation
This is a true story about a middle-aged couple with a young family.
As part of a comprehensive financial review conducted by their advisor, the following needs were identified:
Lifestyle protection requirements of $1,500,000 to replace lost income and pay off educational and mortgage obligations;
Personal health protection requirements of $300,000 to offset costs associated with a critical illness such...
For over two decades,