Munich Includes Breast Cancer Content in Its EDGE Underwriting Manuals [Manufacturing Close – Up]

In conjunction with Breast Cancer Awareness month, Munich American Reassurance Company announced key enhancements to its EDGE Life and Disability Income (DI) underwriting manuals, including a breast cancer rating grid and inclusion of breast cancers into its tumor calculator.

"Breast cancer is the most common form of cancer amongst women, and, recently, medical science has made large strides in early detection and effective treatment," says Bill Moore, Vice President, Underwriting and Medical Services, Munich American Reassurance Company. "We thought it was a great opportunity for our underwriting guidelines to reflect the progress that's been made in diagnosing and treating breast cancer."

According to a release, using evidenced-based research, including SEER (Surveillance, Epidemiology and End Results) data, EDGE takes an approach that can, in many cases, lead to more competitive offers much sooner after treatment, many at standard rates.

"By expanding our recently-released tumor calculator to include breast cancer, we have taken advantage of the advancements made in detection and treatment," says Marylou Dunn, Assistant Vice President and Chief Underwriter for Munich Re Canada (Life). "With research demonstrating that more breast cancer survivors are insurable, EDGE can support more offers at standard rates, or utilize table ratings versus the temporary extra method when standard is not possible."

The EDGE DI underwriting manual includes new/updated content and rating grids on osteoporosis, osteopenia, ankle fractures, ankle sprains/strains and ankle tendonopathies.

Munich American Reassurance Company is a reinsurer in the U.S. offering life and disability reinsurance to insurance companies throughout the United States.

More information:

www.marclife.com

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