EOI stands for "Evidence of Insurability". EOI shows the insurer that the insured person meets the health and risk criteria required by that company in order to get a certain policy.
Group life insurance plans might not require EOI for a certain amount of life insurance, but then require EOI for additional coverage, or coverage for family members. Most privately purchased policies do have EOI requirements of some kind, although they can vary widely from simply answering a few questions to having a full medical exam done.
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Group life insurance plans might not require EOI for a certain amount of life insurance, but then require EOI for additional coverage, or coverage for family members. Most privately purchased policies do have EOI requirements of some kind, although they can vary widely from simply answering a few questions to having a full medical exam done.