If you’re not addressing group disability, then the answer is yes. Individual disability insurance requires a medical exam for most applicants. Disability insurance is a morbidity insurance product. But perhaps the most important medical information is your health history, especially injuries or sicknesses that have potential morbidity impact in the future.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Does disabilty insurance require a medical exam? It depends. Group disability does not require a medical examination in most cases because of contractual limitations or pricing that compensates for it. A high pay out possibility group plan (like a medical practice) would expect to have medical underwriting and possible medical exams.
Likewise with individual coverage, the extent of processing an application is going to depend on the amount applied for, age of the appilcant and risk classification. Disability plans can involve potential millions in payouts, you would guess for those situations, no step is not covered.
Social Media Strategist, Disability Insurance Services, California
While it used to be common that a medical examination was always required for individual DI, many carriers have changed their underwriting guidelines to offer Simplified issue. That means that the client does not need an exam or labs to be drawn. They'll still run a script check and will most likely request medical records, but assuming you're in decent health, labs and an exam won't be required.
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Likewise with individual coverage, the extent of processing an application is going to depend on the amount applied for, age of the appilcant and risk classification. Disability plans can involve potential millions in payouts, you would guess for those situations, no step is not covered.