What are the underwriting considerations for Credit Life


Although medical examination is usually waived for most credit life contracts, there is need for some form of underwriting. Hence the following Documents should be requested for

A short proposal form completed by the Borrower at the time of applying for the loan including questions on personal past and current medical conditions, family history, hobbies & Occupation

The completed proposal forms should be transmitted to the Life Company every month

The acceptable cover age will between 18 to 70 years. Cover ceases on attainment of age 71 years.


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