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I too always get a commitment to a rate... AFTER the application, paramed, EKG, labs, inspection report, and APS(s).... You should end up with a commitment to a rate so your client can apply confident of the end result.
Who will write term for a 35 yr old with type 1 diabetes diagnosed at age 6?
Prequalification often involves obtaining medical requirements. This can include obtaining copies of records; it can also include getting amendments to records to resolve inconsistencies. I can even involve directing potential applicants to undergo follow-up medical testing for current data.
Once an underwriter has all this documentation, he or she can feel confident committing to a rate, and the client can feel comfortable submitting an application.
The premium will be high...regardless of which company.
Transamerica will consider if A1C is good and if height and weight is ok, if the client takes 2 or less meds, and everything else is ok...i.e,
Just did one for a $250,000 on a 48 year old female. The premium was absolutely ridonkulous. appx. $300 per month. She actually took NO meds and A1C was in great control for past four years. (for comparison her fiancé got the same policy for under $70 and he's in his 50s.
Just sayin....it will be very high if and when you find a company.
If a diabetic takes two or more meds, obviously, that's a huge problem...