Sentences with phrase «for underwriting purposes»

These are policies with no medical exam required for underwriting purposes.

NWL Term and NWL Secure Term — Each of these products require a medical exam for underwriting purposes

This can be a good option for those who have health related issues, or who fear needles and wish not to undergo a blood test for underwriting purposes.

HIPAA regulations prohibit our health plans, except for long - term care policies, from using or disclosing your genetic information for underwriting purposes.

These are used only for underwriting purpose if the policyholder wants to increase the sum insured at the time of policy renewal.

One - time passwords, PAN numbers and date of birth authentication processes may be used for underwriting purposes.

It is often required for underwriting purposes for active duty applicants.

For an IRRRL, the main goal is to get a lower interest rate, so the appraised value of your home at the time of the original loan is sufficient for underwriting purposes.

Under HIPAA, genetic information is considered personal health information that may not be used or disclosed by most health plans for underwriting purposes.

Michaluk identifies that a legal obligation to seek consent may preclude the effective use of social media for underwriting purposes because social media information can be readily manipulated by users.

Businesses may order Florida driving records as part of their employment screening practices, insuranc companies may order driving records for underwriting purposes on new or existing customers, and all businesses may order driving records for other allowable purposes.

No blood work and routine medical exam, or even a required physicians statement are needed for underwriting purposes

Both the federal and state Fair Credit Reporting Acts (FCRA), say that insurance companies may look at credit information without your permission for underwriting purposes.

For those who travel outside the U.S. over six months annually, you will be treated as a Non-U.S. Resident for underwriting purposes.

Survey properties and identify any concerns for underwriting purposes.

On top of all this, Genworth Mortgage Insurance plans to offer green rewards to U.S. borrowers like it already does in Canada — where borrowers receive a 10 percent refund on mortgage insurance premiums, online discounts for common household items, and even a break on their debt - to - income ratio for underwriting purposes if the home meets national or provincial energy efficiency guidelines.

The face amount on these policies is usually lower than that of a regular life insurance policy — and because of that, medical exams are typically not required for underwriting purposes.

This can be a good option for those who have health - related issues, or who fear needles and wish not to undergo a blood test for underwriting purposes.

The insurance companies will use your information for underwriting purposes to determine your risk classification for the insurance product you are applying for.

This is because many of the final expense policies on the market today do not require an applicant to undergo a medical exam for underwriting purposes.

It turns out that because the borrower works for a family member, and the borrower is applying for a Fannie Mae loan that for underwriting purposes the income needs to be averaged over the past 24 months and the allowable income is only an average of $ 3,500 / mo..

LawPRO monitors claims trends both for underwriting purposes and to assist us in identifying areas of focus for our communications.

Also, a medical examination is required for underwriting purposes.

With these riders, basic information about the child's health is typically required for underwriting purposes.

* Generally, for underwriting purposes, tobacco use is defined as, «proposed insureds who have smoked cigarettes or used other tobacco products, including patches, gum, inhalers or other stop - smoking products within the past 12 months».

By only issuing this type of policy to fair to healthy individuals, they have eliminated the need for an exam for underwriting purposes.

For instance, if a borrower makes $ 75,000 per year and stands to save $ 2,000 a year in energy costs by upgrading their home, their income will be $ 77,000 for underwriting purposes.