income for a high value deposit without a confirmed source of funds/wealth (inheritance/ real estate/ beneficiary of insurance) Depth and Customer Customer is duration of new to life has a long relationship insurer with history with with little or no the life customer experience insurer or its with the agents and customer. additional information is on file (such as credit life insurance underwriting KYC) Customer Customer Customer only holds holds only holds accounts policies or with lower accounts that risk are policies or products and registered accounts, services with the e.g., government, investment e.g., or bank Registered account with Retirement an affiliate Savings Plan Attribute Lower risk Higher risk example example
income for a high value deposit without a confirmed source of funds/wealth (inheritance/ real estate/ beneficiary of insurance) Depth and duration of relationship with customer Customer has a long history with the life insurer or its agents and additional information is on file (such as credit life insurance KYC) Customer is new to life insurer with little or no experience with the customer. Customer only holds accounts with lower risk products and services Customer holds policies or accounts that are registered with the government, e.g., Registered Retirement Savings Plan Customer only holds policies or accounts, e.g., investment or bank account with an affiliate Attribute Lower risk example Higher risk example underwriting