Reminder: Updated Informal Application Guidelines
As a reminder, we recently updated our informal application guidelines. Here are the case requirements:
- Business cases using any of our 30+ business solutions concepts, trust-owned business for a business owner or key employee, and affiliated business (personal insurance on business owners, key employees, and their families)
- Minimum face amount of $3 million
- Minimum issue age 35; maximum issue age 75
- If less than $3 million face amount or under age 35, must be at least $10,000 in planned annual premium
- COVID ratings restrictions are still in effect
- Term or permanent product
- Cover sheet that includes planned premium amount and the offer needed to win the case