August 18, 2014

The Future of Medical Underwriting

Cecilia Torrejon,  AVP and Chief Underwriter

“It took three months for one of my colleagues to get a recent life insurance application approved, two of which were caused by the delay in getting an Attending Physician Statement (APS) from her family doctor.

Physicians, in general, are not overly cooperative with insurance companies as they don’t consider sending reports a priority. This is partially due to the necessity of having to complete the forms ‘on their own time’ even though they are financially compensated for their effort, plus, the view of some as one such doctor advised, “he did not go to medical school for 10 years to fill out silly insurance forms!”