Renewed Underwriting Saves $22,486 in Life Insurance Premium
Renewed Underwriting Saves $22,486 in Life Insurance Premium
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 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, […]
Second Underwriting Opinion
Second Underwriting Opinion Use this form if you have assisted a client who was rated or declined within the past 12 months. Submit with prior: Application Paramedical Exam Lab Results (not just the ticket) EKG Underwriting, aviation, avocation and similar questionnaires Underwriting comments explaining rating or decline Signed HIPAA (e-signature is OK) Depending on the […]
Guaranteed Issue Life Insurance
Guaranteed issue life insurance policies may be of interest to applicants who are otherwise not insurable. It is important for applicants to evaluate the premium costs relative to the benefits provided. Some plans require ongoing premium payments and it is possible a policyowner ends up paying more in premium than the eventual death benefit payout. […]
