Hartford To Issue Up To $1 Million In Supplemental Life Without Exams

NU Online News Service, Oct. 10, 2003, 4:51 p.m. EDT – The Hartford Financial Services Group Inc., Hartford, has introduced a supplemental life insurance policy that offers up to $1 million in coverage as a supplement to existing coverage without requiring applicants to submit to medical exams or fluid testing.

Hartford says it developed the policy to make it easier for holders of life insurance policies to increase their coverage to levels sufficient to replace income.

To qualify, individuals must have purchased life insurance coverage within the past two years, be applying for additional policies with death benefits less than or equal to their current death benefits, and meet other criteria. Policyholders can buy variable universal life, universal life and whole life insurance policies through the program, which ends Dec. 31, Hartford says.