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Life Insurance Application Checklist

Get coverage 50% faster with complete documentation • Avoid health exam requirements when possible • Qualify for preferred health rates • Streamline beneficiary designation process • Works for term and permanent life insurance

Help your clients secure life insurance faster with our comprehensive documentation checklist. Perfect for insurance agents, financial advisors, and estate planners to streamline applications and reduce underwriting delays.

Life Insurance Application Documents Checklist form template preview

Key Benefits

Life insurance applicants
Improve application processing speed
Streamline client onboarding process
Streamline claims processing workflow
Streamline client documentation

Common Use Cases

Policy application processingRisk assessment and documentationClaims documentation and trackingClient onboarding and managementCompliance and regulatory adherence

Frequently Asked Questions

Can I customize this checklist?
Yes, all our checklists are fully customizable to fit your specific needs and requirements.
Is this checklist up to date?
Yes, we regularly update our checklists to reflect current industry standards and best practices.

Checklist

Application Documents

Complete life insurance application form
Required

Signed and dated application with all required fields completed

Personal Information

Government-issued photo identification
Required

Driver's license, passport, or state ID card

Social Security card
Required

Original or certified copy

Proof of citizenship or legal residency
Required

Birth certificate, passport, or green card

Proof of current address
Required

Utility bill, lease agreement, or mortgage statement

Birth certificate or birth record
Required

Original or certified copy of birth certificate

Marriage certificate (if applicable)

Marriage certificate if name changed due to marriage

Divorce decree (if applicable)

Divorce decree if name changed due to divorce

Employment Information

Employment information and history
Required

Current employer, position, and employment history

Financial Information

Income verification and financial information
Required

Pay stubs, W-2s, or tax returns for income verification

Net worth statement and financial summary

Assets, liabilities, and net worth information

Premium payment method and authorization
Required

Payment method and authorization for premiums

Beneficiary Designation

Beneficiary information and contact details
Required

Primary and contingent beneficiary information

Beneficiary Social Security numbers
Required

SSN for all beneficiaries for tax reporting

Beneficiary relationship documentation
Required

Proof of relationship to beneficiaries

Medical Information

Complete medical history and conditions
Required

Detailed medical history and current conditions

Current medication list and dosages
Required

All current medications with dosages and frequency

Primary physician information and contact
Required

Primary care physician name and contact information

Medical records and test results

Recent medical records and test results

Family medical history information
Required

Family history of medical conditions and causes of death

Lifestyle Information

Hobby and recreational activity information
Required

Dangerous hobbies, sports, or recreational activities

International travel information
Required

International travel plans and destinations

Driving record and license information
Required

Driving record, violations, and license status

Legal Information

Criminal background and legal history
Required

Any criminal convictions or legal issues

Bankruptcy history and financial issues
Required

Any bankruptcy filings or financial problems

Insurance Information

Existing life insurance policies
Required

Details of existing life insurance coverage

Medical Requirements

Schedule and complete health examination

Health exam if required by underwriting

Complete paramedical examination

Paramedical exam for blood work and vitals

Complete additional medical tests

Additional tests if required by underwriting