Financial Underwriting Guidelines (CI)

Type of Coverage

Purpose

Amount Parameters

Income Continuance

Replacing the flow of funds required to maintain current standard of living in the event of a critical illness

Age

18-55

56-60

61+

Multiple of Income

7 x

5 x

3 x

Key Person

• Loss of service
• Loss from unfinished business
• Loss of clientele attracted by the personality & ability of the insured

5 x Salary if under age 60

Buy/Sell

Provide funds for remaining partners to purchase proposed insured's shares in the event of a critical illness

Current FMW x % of insured's shares

Creditor

Repay outstanding debt in the event of a critical illness

Loan amount