[WEBINAR] Rising to Meet Life’s Ambitious Goals from Banner

Based on industry trends and your feedback, we’ve made enhancements to our business-owned term life insurance offerings, making it easier for you and your advisors to help clients meet their ambitious goals.

Enhanced SBA collateral assignment process to reduce friction and delays

• Collateral assignment information is now collected within the digital application*
• Loan term reduced from 10 years to 7 years.
• New collateral assignment form with auto-populated fields.
• Policy is issued with the collateral assignment already in place

Faster underwriting processes and guidelines fit for today’s landscape

• Key person multipliers up to 20x
• Raised accelerated underwriting (AUW) limits from $2M to $4M
• Reduced need for co-signers

Quick Quotes designed for speed and simplicity

• Pre-assessments completed via email
• Reduced number of questions with digital pre-application