Evidence of Insurability (EOI) is a process insurance companies use to assess an individual's health and lifestyle risks before issuing a life insurance policy. It's a way for insurers to determine the risk level they are taking by insuring you. The EOI process typically involves a series of questions about your health, medical history, lifestyle habits and, sometimes, a medical examination.
Understanding how EOI works, the requirements, how to demonstrate it and what alternatives exist if you cannot provide EOI can help you find the best life insurance policy based on your circumstances and needs.