Simple Issue Underwriting Carrier Programs
The life carriers listed here have Term Underwriting Programs to help reduce the possible need for Exams and Labs depending on your client’s health, age, and death benefit they are applying for. Please click the link to each carrier to review their individual carrier program.
American National
Ages: 18-50
Death Benefit: $250,000 – $1,000,000 (Xpress Plus)
Assurity Life
Ages: 18-50
Death Benefit: $500,000
________________
Ages: 51-65
Death Benefit: $350,000
Banner Life
Ages: 20-50
Death Benefit: $1,000,000
________________
Ages: 51-55
Death Benefit: $250,000 (Healthy Females)
Life of the Southwest
Ages: 18-50
Death Benefit: $2,000,000
________________
Ages: 51-60
Death Benefit: $1,000,000
________________
Ages: 61-65
Death Benefit: $250,000
Lincoln Financial
Ages: 18-60
Death Benefit: $1,000,000
Minnesota Life
Ages: 18-50
Death Benefit: $3,000,000
________________
Ages: 51-60
Death Benefit: $1,000,000
North American
Ages: 18-50
Death Benefit: $2,000,000
________________
Ages: 51-60
Death Benefit: $500,000
Protective Life
Ages: 18-45
Death Benefit: $1,000,000
________________
Ages: 46-60
Death Benefit: $500,000
Prudential Life
Ages: 18-60
Death Benefit: $3,000,000
Transamerica Life
Ages: 18-45
Death Benefit: $2,000,000
________________
Ages: 46-55
Death Benefit: $1,000,000 (LB $2,000,000)
United of Omaha
Ages: 18-60
Death Benefit: $2,000,000
Simplified Issue
Pro’s and Con’s
Although Simplified Issue Life is not for every client, the process is constantly evolving and getting more competitive with traditional underwriting life.
Pros:
- Convenient
- Quick Approval
- No Medical Exam
- Easy application process
- Virtual Sales Available
Cons:
- Online Application
- Telephone Interview
- Client may get referred to underwriter
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