Describe Your Health
Regular & Preferred
You can click on Regular
or Preferred. In addition, you can check Plus or you can leave
it unchecked.
This combination of values results in
four possible classes of health. These are P+, Pf, R+, and Rg.
Those short form indicators will be displayed next to premiums
to help you determine the underwriting (health and lifestyle)
criteria that Compulife believes your client will need to satisfy
in order to qualify for the premium shown.
P+ - indicates
a rate for an individual in very preferred (preferred plus)
health. A company offering a P+ premium also offers a preferred
(Pf) and a regular (Rg) health premium. Pf premiums are less
difficult to qualify for. Rg premiums are much less difficult
to qualify for.
Pf - indicates a rate for an individual
in preferred health. A company offering a Pf premium also offers
a regular (Rg) health premium. Rg premiums are less difficult
to qualify for.
R+ - indicates a rate for an individual
in somewhat better health than regular (Rg), but not what the
life insurance industry typically terms "preferred health".
A company offering an R+ premium also offers a regular (Rg)
health premium. Rg premiums are less difficult to qualify for.
Rg - indicates a rate for a person in normal health
who does not have any medical or lifestyle condition which would
increase their future risk of dying.
Example: A person
who has moderately elevated blood pressure may not qualify for
P+, Pf or R+ premium rates, but they might qualify for Rg. A
private pilot may not qualify for P+ or Pf premiums, but might
qualify for R+ or Rg rates. You will need to speak to the company
or an insurance agent for more details. Premiums quoted for
smokers already take into account that the insured person smokes
and therefore has a greater risk of death than a non-smokers.
Premiums offered to smokers are already higher than those for
non-smokers.
NOTE: The preferred category you assign
to your client will determine the lowest rate that the system
will quote. However, any premiums higher than that class, will
also be quoted.
For example, if you enter your client
as "preferred plus" your comparison results will include
all four categories of P+, Pf, R+ and Rg.
If you enter
your client as "preferred" (NOT PLUS), then P+ premiums
will NOT be included. Your comparison results will include the
three categories of Pf, R+ and Rg.
If you enter your
client as "regular plus", then P+ and Pf premiums
will NOT be included. Your comparison results will include the
two categories of R+ and Rg.
And finally, if you enter your client as "regular"
(NOT PLUS), then P+, Pf and Rg premiums will NOT be included.
Your comparison results will include only the category Rg.
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