What Is an Attending Physician Statement?

Don’t know if you happen to want an attending doctor assertion to your life insurance coverage utility? Read on to find what one is, and when it’s wanted

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At Haven Life, the life insurance coverage utility course of is designed to be as straightforward to finish as doable. It solely takes a couple of minutes to get a life insurance coverage quote or fill out an internet utility, particularly if you happen to already know the way a lot life insurance coverage protection you want and what sort of life insurance coverage you’re searching for.

If you’re making use of for medically underwritten life insurance coverage, you may need to finish an in-person medical examination — sometimes round half-hour in size, and plenty of life insurers help you full the examination in your individual dwelling.

Sounds nice, proper?

In most instances, sure.

But generally, the method will get a bit extra difficult. If a life insurance coverage firm has any questions concerning the medical info you offered in your utility or throughout your medical examination, they might request an Attending Physician Statement (APS). This assertion is designed to confirm or elaborate upon your present state of well being or on a selected medical situation, in addition to present perception into any long-term well being dangers which may have an effect on your life insurance coverage coverage.

Most folks received’t want an APS once they apply for an inexpensive time period life insurance coverage coverage — however some folks will, which is why we’ve put collectively this beneficial information.

What is an Attending Physician Statement? Who completes an Attending Physician Statement, and the way lengthy does it take so as to add a accomplished APS to your life insurance coverage coverage utility? Do you want an Attending Physician Statement for all times insurance coverage, or are there sure kinds of life insurance coverage insurance policies that don’t require an APS?

Here’s what you could know concerning the methods through which an Attending Physician Statement can have an effect on your life insurance coverage coverage utility.

In this text:

What is an APS?

“The Attending Physician Statement is a abstract of your well being situation, written from a health care provider or medical facility that both has handled or is at the moment treating somebody that’s searching for life insurance coverage,” explains Paya Schlass, Customer Success Manager at Haven Life.

When you apply for all times insurance coverage, you’re typically required to reply health-related questions on your loved ones medical historical past, any prescriptions you’re at the moment taking and any acute or power points or a selected medical situation that would have an effect on your life insurance coverage danger classification. Many life insurance coverage corporations additionally request that you just full a short, in-person medical examination as a part of the underwriting and superior planning course of.

In most instances, the medical info you present in your life insurance coverage utility and/or your medical examination is sufficient to decide whether or not you qualify for a life insurance coverage coverage. However, there are conditions through which a life insurance coverage supplier wants further medical info on an applicant — which is why you could be requested to supply a press release from a treating doctor who can present knowledgeable perspective in your well being.

“Depending in your medical historical past and/or your medical examination outcomes, the underwriter could have to receive these medical information out of your physician to get further context and extra particulars on medical circumstances you disclosed and/or your prescription historical past,” says Schlass.

Who completes an Attending Physician Statement?

In order to be efficient, an Attending Physician Statement should be accomplished by a health care provider who is aware of you in particular person — your insurer or company will attain out to get info from a doctor who has both handled you up to now or is at the moment offering remedy. A main care doctor is an efficient possibility, as is an OB-GYN.

For instance, in case you are at the moment receiving specialised medical remedy for a well being difficulty — reminiscent of going by way of bodily remedy, studying the way to handle diabetes, or coping with melancholy — your life insurance coverage supplier could request an APS from the specialists who’re offering care. In some instances, the medical facility you’re working with can present an APS on behalf of its medical workforce.

If a life insurance coverage supplier requests an APS, the insurance coverage firm will sometimes cowl any prices concerned. You won’t be required to pay the price of your Attending Physician Statement out of your medical health insurance deductible, for instance — nor will you be required to make any funds out of pocket.

Do you want an Attending Physician Statement to take out a life insurance coverage coverage?

Do you want an APS earlier than you’ll be able to take out a life insurance coverage coverage? It is determined by the applicant. If a life insurance coverage firm decides that they want extra details about your well being earlier than they will difficulty you a life insurance coverage coverage, they might request a doctor’s assertion to evaluate the state of affairs additional. If your life insurance coverage firm is happy with the medical info acquired in your life insurance coverage utility and/or your in-person medical examination, they received’t require you to supply an extra APS.

Many life insurance coverage suppliers, together with Haven Life, are working to make the life insurance coverage utility course of as straightforward and streamlined as doable. Haven Life lately started utilizing  digital well being information when obtainable to confirm the medical info included on some life insurance coverage purposes and, every time doable, pre-empt the necessity for an Attending Physician Statement.

You can even reap the benefits of simplified difficulty life insurance coverage, reminiscent of Haven Life’s Haven Simple coverage. Simplified difficulty life insurance coverage is designed for folks trying to purchase time period life insurance coverage with out the necessity for a medical examination, and who don’t thoughts paying a bit extra for the added comfort. If you’re a brand new mum or dad, for instance, simplified difficulty life insurance coverage might be one option to get the protection you want to your rising household — with out having to reply loads of well being questions, take trip of your day for a life insurance coverage medical examination or present an Attending Physician Statement.

How lengthy does it take to get an Attending Physician Statement?

How lengthy does it take to get an attending doctor assertion for all times insurance coverage? Well, it relies upon.

“Unfortunately, it’s one of the crucial time-consuming steps within the course of,” Schlass explains. “The insurance coverage firm is determined by the pace of the medical facility offering these information, which in some instances can take just a few weeks or extra.”

That mentioned, some candidates can qualify for momentary life insurance coverage protection (TLIC), which because the identify would possibly counsel, means you can begin no-risk protection to carry you over for the interval between once you apply and when/if you happen to’re authorized.

If you’re hoping to finish your life insurance coverage coverage utility as rapidly as doable and keep away from the potential delay of an Attending Physician Statement, ensure you are thorough about your well being in the course of the utility course of. This means answering all questions as precisely as doable, whether or not you’re offering a household medical historical past, sharing a latest psychological well being prognosis, or proudly owning as much as common tobacco use.

The extra info you’ll be able to present about your individual well being, each in the course of the utility course of and in the course of the life insurance coverage medical examination, the much less seemingly your insurer would require you to supply an Attending Physician Statement for all times insurance coverage — and the earlier you might be able to obtain the peace of thoughts that comes with realizing you’ve an inexpensive life insurance coverage coverage in place.

Our editorial coverage

Haven Life is a customer-centric life insurance coverage company that’s backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). We imagine navigating choices about life insurance coverage, your private funds and total wellness could be refreshingly easy.

Our editorial coverage

Haven Life is a buyer centric life insurance coverage company that’s backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). We imagine navigating choices about life insurance coverage, your private funds and total wellness could be refreshingly easy.

Our content material is created for instructional functions solely. Haven Life doesn’t endorse the businesses, merchandise, providers or methods mentioned right here, however we hope they will make your life rather less laborious if they’re a match to your state of affairs.

Haven Life shouldn’t be licensed to offer tax, authorized or funding recommendation. This materials shouldn’t be supposed to supply, and shouldn’t be relied on for tax, authorized, or funding recommendation. Individuals are inspired to seed recommendation from their very own tax or authorized counsel.

Our disclosures

Haven Term is a Term Life Insurance Policy (DTC and ICC17DTC in sure states, together with NC) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001 and provided solely by way of Haven Life Insurance Agency, LLC. In NY, Haven Term is DTC-NY 1017. In CA, Haven Term is DTC-CA 042017. Haven Term Simplified is a Simplified Issue Term Life Insurance Policy (ICC19PCM-SI 0819 in sure states, together with NC) issued by the C.M. Life Insurance Company, Enfield, CT 06082. Policy and rider type numbers and options could differ by state and will not be obtainable in all states. Our Agency license quantity in California is OK71922 and in Arkansas 100139527.

MassMutual is rated by A.M. Best Company as A++ (Superior; Top class of 15). The score is as of Aril 1, 2020 and is topic to alter. MassMutual has acquired completely different scores from different score businesses.

Haven Life Plus (Plus) is the advertising and marketing identify for the Plus rider, which is included as a part of the Haven Term coverage and provides entry to further providers and advantages for free of charge or at a reduction. The rider shouldn’t be obtainable in each state and is topic to alter at any time. Neither Haven Life nor MassMutual are liable for the supply of the advantages and providers made accessible below the Plus Rider, that are offered by third celebration distributors (companions). For extra details about Haven Life Plus, please go to: https://havenlife.com/plus.html

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  • Application was easy and acquired sizeable approval for time period life insurance coverage and not using a medical examination inside 48 hours. Great comply with up and simple course of.

  • Easy Breezy
    Wanted to get this completed for some time and this was the best expertise I may discover. I really feel nice realizing that there’s some safety for my husband and certain canines.

  • It was a straightforward course of. The turnaround was additionally possible.

  • This was arms down the best method I’ve come throughout for trying into and getting life insurance coverage. Fast, easy and exhibits you price and so on… Definitely glad I listened to the spouse and appeared into it.

  • Plan on spending one other $20 a month out of your preliminary quote even when your in excellent well being. Had their examination, every thing got here again within the regular ranges (inexperienced) however nonetheless jacked up my preliminary charge quote. Little disappointing.