I would like to increase my supplemental life insurance more than one times my earnings. What is the Evidence of Insurability process?
Prudential determines the process for Evidence of Insurability. To start the process, whether increasing coverage for yourself and/or your spouse, mail your supplemental life insurance form to Prudential by May 13. Prudential will contact you to let you know the next steps in the process, which may include a health questionnaire and possibly a visit to the doctor’s office. However, you must mail your form in by the deadline to apply for the increase in coverage. If you and/or your spouse are denied an increase by Prudential after you supply evidence of insurability, you will still be covered at the guaranteed issue amount: for your spouse, this is $10,000; for you, this is an additional one times your earnings (from your previous coverage level) up to the maximum amount of six times your earnings or $500,000 (whichever is less).
Related Questions
- What Supplemental or Dependent Life Insurance coverage can I change during the special open enrollment period in February, and what is the "added guaranteed issue provision"?
- Do uninsured people and patients with routine problems increase waiting times?
- How long does a life insurance application take to process?
