What does Evidence of Insurability mean? Read on to discover the definition & meaning of the term Evidence of Insurability - to help you better understand the language used in insurance policies.
Evidence of Insurability
Evidence of insurability (EOI) is part of the application process for a life or health insurance policy during which an applicant provides health information. Coverage does not become effective until approval of the EOI. It may include providing medical history and other relevant information that offers a clear picture of the applicant's physical condition and status.
We hope the you have a better understanding of the meaning of Evidence of Insurability.