Advantage of Layering Jumbo Life Insurance Applications
Advantages of Layering Jumbo Life Insurance Applications
Underwriting
Underwriting tips and strategies. Linked articles provide questions for certain impairments and introduce a variety of clever underwriting strategies. Posts are designed to encourage advisors to invite us to handle impaired or large risks on their behalf.
Underwriting Elevated Liver Functions
Underwriting Elevated Liver Functions Key Considerations Insurer selection is key to achieving favorable outcomes Key variables: cause of the elevated liver functions; level of elevation of liver enzymes over time; alcohol use pattern; build; The more information we have about your client in advance of an application, the more accurate our carrier recommendations and preliminary […]
$15M Exam and Lab Free Life-Insurance
$15M Exam and Lab-Free Life Insurance Key to Success: Carrier Selection / Underwriting Exception Applicant Summary: M, 58, Healthy Executive, No Tobacco Use Need: $100,000,000 of Life Insurance to Pay Death Taxes Advisor calls CPS Advantage to line up $100M life insurance on a client to cover a portion of estate taxes. The client already […]
Renewed Underwriting Saves $22,486 in Life Insurance Premium
Renewed Underwriting Saves $22,486 in Life Insurance Premium
Tobacco Underwriting Exceptions
Tobacco Underwriting Exceptions Key Considerations Goal: qualify tobacco users for non-tobacco life insurance rates, finding the right exception, cutting their premium in half Insurer selection is key to achieving favorable outcomes Key variables: how the tobacco is consumed, the type of product used, frequency of use, the date of most recent use, and whether the […]
Marijuana Underwriting
Marijuana Underwriting Carrier Selection is Key Insurer selection is key to achieving favorable outcomes Key variable: frequency of use Favorable criteria: no other drug or excessive alcohol use; no DUIs, criminal background, no diagnosis of anxiety or depression; stable job, family life The more information we have about your client in advance of an application, […]
Underwriting Past Cocaine Use
Underwriting Past Cocaine Use Key Considerations Insurer selection is key to achieving favorable outcomes Favorable underwriting variables: No other drug use No excessive alcohol use / DUIs No criminal record Not diagnosed with anxiety or depression Stable employment, family life We get many inquiries from Advisors whose life insurance applicants tested positive for cocaine on […]
Prepare for a Life Insurance Paramedical Exam
Preparing for a Life Insurance Paramedical Exam & Labs It’s often best to de-risk life insurance underwriting by taking advantage of exam and lab-free intelligent underwriting programs. Some applicants may even qualify for up to $135M of exam and lab-free life insurance through one or more executive underwriting programs. If an insurance paramedical exam, labs, […]
Exam and Lab-Free Life Insurance
Exam / Lab-FREE Life Insurance Life insurance buyers love the convenience of exam and lab-free applications. They also avoid surprise ratings and declines from: Abnormal liver functions Elevated glucose Blood or protein via urinalysis T-wave abnormalities on an EKG How many of your applications have derailed because of these findings? De-risk your clients’ life insurance […]
