The Basic of a Statement of Health
If you are looking to enroll in or make changes to a group life insurance or disability plan, you may need to complete a Statement of Health (SOH). This document is also known as the Medical Evidence of Insurability. It’s important to complete this to ensure that you and your loved ones have the health insurance in Millbrook, NY you deserve for the future.
What is a Statement of Health?
A Statement of Health is a document containing questions about your overall health condition. In some cases, completing a SOH is required to meet underwriting rules to complete your application. That means that in order to take out a policy, you must answer these questions.
When is getting a SOH required?
There are a variety of reasons why a SOH may be required. Some situations which might trigger a SOH include:
- Requesting an amount of coverage that exceeds the maximum guaranteed issue amount in your plan
- Enrolling once the enrollment period has ended
- Reconsidering your choices after waiving your employer-paid insurance
Will I need to visit the doctor to complete the SOH?
In most cases, a SOH will not require you to visit the doctor. However, if you answer ‘yes’ to any questions on the SOG, you may be asked to submit an Attending Physician’s Statement (APS) or undergo a paramedical exam, which is arranged by your insurer and performed by a medical professional.
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