If you have clients who are under the age of 60, prefer a policy that requires no medical exam, and who are seeking a policy with the death benefit less than $1M, you can make them extra happy by offering them the best service they can imagine. Our secret… simplified underwriting!
Carriers have a variety of simplified underwriting products, and provide online portals, tools and resources to make the process easy for you. Here are some of the carriers who offer simplified underwriting:
Simplified Underwriting Cheat Sheet
|John Hancock Smart Protect Term||Up to Age 60|
|Principal Financial Group||Up to $1 Million|
|Lincoln Term Accel||Up to $500,000|
|Transamerica Living Benefits||Up to $249,000|
Other carriers will be adding this feature shortly.