Principal underwriting update-AU and Drop Ticket
Principal underwriting update-AU and Drop Ticket
Please reference the communication below that provides the updated guidelines for Accelerated Underwriting and Drop ticket-February 15th.
-Three age tiers for face amounts (separate tier for EVUL product)
-AU is automatic per age/face amounts mentioned below
REMINDER
-All GUL/SUL (discontinued products) cases that are currently pending review and delivery need to be completed/Inforce by February 15th.
NEW Product was available January 19th-most states
-UL Provider Edge II (current assumption/GUL alternative)
-ENLG rider pushes guarantees to A100
-Some/limited cash value for flexiblity
-Chronic Illness rider auto for clients Table 3 or better and 7.51 FE or less
-Business Value Increase rider available for business cases
-Pricing very comparable to the UL Protector (typically better for the A100 solve)
Thanks and let us know if you have questions.
