Policy Mechanics

What Is Evidence of Insurability?

Learn when insurers require extra proof before issuing or increasing coverage.

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Studying CTA

Studying for LLQP? Test yourself on this concept.

Reading the explanation is useful. The next step is checking whether you can apply the idea in a question when the wording gets more specific.

Explanation

means the insurer requires current proof that the insured still meets acceptable standards. This can happen when someone applies for new coverage, requests a policy increase, or exercises a contractual option that does not come with guaranteed eligibility.

Example

A client may be able to increase coverage without new medical evidence only if the policy includes a feature. Otherwise, fresh may be required.

Common mistakes

A common mistake is assuming all policy changes can be made without new medical review once coverage has already been issued.

Summary

protects the insurer from new undisclosed risk and should always be considered before promising flexibility to a client.

Gap CTA

Understanding the concept is one thing. Applying it under exam pressure is another.

If this article made the concept clearer, the next useful step is to test whether you can use it in a question. Start with free practice or go deeper with full exam prep.