Evidence of Insurability (EOI) is documentation or proof of an individual’s health status, often required by insurers for eligibility for certain benefits like life or disability insurance.
- What is evidence of insurability (EOI)?
Answer: It is proof of health status required for certain insurance benefits. - When is EOI typically required?
Answer: It is required for late enrollments or high-coverage requests. - What does EOI involve?
Answer: It involves medical history forms or exams. - Who requests EOI?
Answer: Insurers or employers offering benefits request it. - What happens if EOI is denied?
Answer: Coverage may be limited or denied based on health risks.
