Evidence of the individual's age at a given time or of his/her exact DB may be available on an insurance policy in the claimant's possession. In most cases, the policy itself will show only the claimant's age in relations to the date the policy was issued.

Two of the most common types of insurance policies the claimant may possess are:

• •

  Ordinary life insurance policy

  • –

    Issued in amount of $1000 or more

  • –

    Premium is payable on annual, semi-annual, quarterly or monthly basis

  • –

    Usually shows only age of insured as of birthday nearest to the date the policy was issued

  • –

    Usually has attached a copy of the application for the policy showing exact DB.

• •

  Industrial life insurance policy

  • –

    Issued in small amounts usually not over $500

  • –

    Premiums stated in weekly amounts and generally collected at the home by an agent of the company

  • –

    Generally shows only age of insured

  • –

    In absence of showing to contrary, age shown is age at next birthday as of the time policy was issued

  • –

    No application is attached.

The following chart shows the DO what development guidelines to use in determining a person's age or DB from an insurance policy: