What is a requirement for an individual to qualify for lower premiums under reentry term insurance?

Under reentry term insurance, a key requirement for an individual to qualify for lower premiums is that the individual must provide evidence of good health. This is essential because when a policyholder seeks to renew or reenter the policy after a certain period, insurers want to assess the current health status of the insured. Providing evidence of good health typically allows the insurer to reassess the risk and possibly offer more favorable premium rates, reflecting the lower risk associated with healthier individuals. Insurers generally use medical exams or health questionnaires for this purpose.

Other options, while they may touch on aspects of insurance policies, do not specifically address the concept of reentry term insurance and its health-related qualification for lower premiums. For instance, renewing the policy annually, increasing the coverage, or having no claims history may be relevant to overall insurance practices but are not prerequisites for qualifying for reduced premiums in this particular insurance type.