Evidence of Insurability (“EOI”) is one of the easiest benefits steps for employers to overlook—and one of the most dangerous. For life insurance or disability plans, EOI is required when an employee ...
The enrollment process for employee benefits has become more streamlined over the years, yet challenges remain—especially when it comes to integrating retirement planning and evidence of insurability.
A recent news release indicates that the US Department of Labor (DOL) has an investigatory initiative focused on the issue of “insurability” under life insurance benefits. This issue arises when ...