meet all of the criteria for preferred plus rates, which is the best rate class available. Even more specifically
The Stamm Agency defines impaired risk as any health risk that ends up with a less than satisfactory approval or a decline from a cookie cutter type agency.
Impaired Risk Life Insurance underwriting is about weighing the risks, which boils down to mortality risk. At The Stamm Agency we take it into our hands and take the time to
study other companies. Understanding the philosophy of clinical underwriting is what you will find at the heart of good underwriting decisions when it comes to Impaired Risk.
What is clinical underwriting? Clinical underwriting is the ability to sit down, look at an applicant and study their track record. For example: Let's look at a patient with type 1 diabeties. Have they been compliant with their treatment? Have they been able to take control of their diabeties and avoid the collateral health issues that come along with their illness? To put it simply, we look at the patient as an individual, not as a group.
At The Stamm Agency we don't just have underwriters flipping through an underwriting guide on Impaired Risk Life Insurance. That takes all the guesswork and fairness out of the process. Our underwriters don't simply turn to type 1 diabetes in a handbook and see that the company stance is to decline them.
If your client has a health condition and takes great care of
themselves most companies will toss them into the same bucket as everyone else with the same condition. This does nothing to help an individual that is doing everything they can in taking care of themselves.
If you are looking to help a client that you know would be a good candidate for Impaired Risk Life Insurance and want them to be treated as an individual give The Stamm Agency a try. Our underwriters will listen and fight for you. Thank you.