Encourage your life insurance applicants to take advantage of exam and lab-free applications before ordering age and amount requirements. By recommending this strategy, you de-risk underwriting and avoid unnecessary ratings and declines.
If you already have answers to a medical history questionnaire (MHQ), please share that with us. Otherwise obtain answers to a few questions. We’ll sort through the options to match your applicant with the insurer that will provide the most favorable underwriting offer. Also, subscribe to Insights to stay up to date with the latest underwriting strategies, product developments, and resources you can use to grow your insurance business.
Simple Federal Estate Tax Estimator
Reduce or Eliminate Estate Taxes The estate and gift-tax exemption is about to get cut in half, exposing exponentially more wealthy Americans to the death tax. Deploy our super simple Federal Estate Tax Estimator to quickly educate your clients about this increasing tax! Be the first Advisor who brings this urgent topic to your clients’ […]
Two Advantages of Obtaining a Generic HIPAA
Financial Advisors should consider two advantages they derive from obtaining a signed generic HIPAA with every life insurance application. First, a signed HIPAA is required by law, if you wish to discuss medical underwriting details with third parties. Given that a relatively high percentage of applications result in underwriting challenges, a HIPAA enables you to […]
De-Risking the Life Insurance Underwriting Experience
Life insurers order paramedical exams, labs, and EKGs to uncover emerging, undiagnosed medical issues. Elevated glucose, liver functions, or cholesterol are among the more common surprise findings. Such results can lead to ratings, postponements, or declines. By de-risking the life insurance underwriting experience, you can now help your clients avoid these unnecessary complications. De-Risking the […]
Prepare for a Life Insurance Paramedical Exam
It is often strategically advantageous (and much more convenient!) to apply for life insurance without having to submit to a paramedical exam, blood profile, and urine specimen. Some highly rated brand name carriers now offer $5,000,000 – $65,000,000 of life insurance to younger healthy applicants without a physical. Other insurers still order paramedical exams. Their […]
Intelligent Life Insurance Underwriting Strategies for Jumbo Cases
Most smaller and medium sized companies are owned by an individual, a few partners, or a small group of executives. Some are owned by family members spanning two or three generations. These individuals often own all voting stock, and, with it, control the future direction of the company. What if something unexpected happens to one […]
40-Year Level Term Life Insurance
Financial Advisors recommend clients protect their lifetime income with life & disability insurance. Great news: 40-year level term life insurance now enables young individuals to insure their entire anticipated lifetime income with an ultra-low cost term policy. Let’s take a look at a recent request. Meet Karen Karen, a healthy 25-year young woman, would like […]
Non-Tobacco Premiums for E-Cigarette Users & Vapers
Only ONE highly rated brand name insurer offers a lab test that makes it easy for e-cigarette users (vapers) to qualify for non-tobacco rates, cutting premiums in about half. Let’s look at a recent request: Kayla, F, 26, attorney, vapes daily, needs $3M 20-year level term for income replacement purposes Tobacco premium = $3,024.70 Non-tobacco […]
$5M Life Insurance Without Exam or Labs
Life Insurance WITHOUT Exams, Labs, Hassles A highly rated mutual insurer now offers younger healthy individual and business applicants to apply for up to $5M life insurance without exam or labs! Information is collected via an easy, secure, online process, making the application process faster and easier than ever. Policies can be structured to include […]
