Updated paper version of the Insurance application – Life, health and disability form

New Business and Underwriting May 1, 2023

As part of our ongoing efforts to make your job easier and be mindful of compliance and anti-money laundering requirements, we've updated the paper version of the Insurance Application – Life, Health and Disability - 07002E form.

The new version of the form is now available. It's designed to mirror the content of the e-application and simplify your interactions with your clients. You can order it from the warehouse or use the editable PDF version.

Please be sure to use the new version and destroy all previous versions. These will no longer be accepted after June 5, 2023.

Main changes

SectionChanges

A1 – Proposed insureds and policyowners (Individuals) – Page 1

To simplify the process, we've added a question to replace the previous foreign language declaration forms.

E1 – Eligibility for SOLO disability coverages – Page 8


Information about policyowner


Individuals who work from home

  • If you're completing an application for multiple contracts with more than one policyowner, you can now check a box to identify the person who will be the policyowner for SOLO Loan Insurance.

This will save time and avoid follow-up down the line.


  • Now that rules for people working from home have been relaxed, we've revised question 11 to better account for different profiles and needs.

F5 – Mandatory questions for all proposed insureds – Page 13

  • The previous multiple questions about the use of tobacco and nicotine products have now been streamlined into one.

  • We've also added an annual/yearly option under Frequency of use.

These changes will make it easier to assess an individual's smoking habits.

O – Authorization to disclose supplementary personal information to the representative – Page 28

  • Checkboxes for parent, guardian and legal representative now added to the signatories section.

This significant improvement makes it possible to identify third-party signatories at a glance.

Questions?