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Prioritizing Underwriting Carriers:

A Guide to Selecting the Right Application in Order

Final Expense

** Quote Corebridge just to be safe. But always try Americo Eagle Select 1 first when submitting applications. If the premium is less than $10/difference write Corebridge for the quarterly bonus.

 

  1. Corebridge SIWL (Up to Age 80):

    • Ideal for 80 & younger & smaller coverages

    • Accepts Direct Express & Debit CARD.

    • FULL ADVANCE for Card.

    • Accepts Diabetes + Neuropathy

    • Accepts COPD

    • Lenient on non-serious stage 1 cancers

    • Application- MUST press yes to past Prostate, Bladder, Breast Cancer (Must Press Yes & Stage 1)

    • Application- MUST press yes to diabetes: 8.6 or less and NO for insulin use.•Signature- Text/Email code to client.

  2. Americo Select 1 (Up to Age 85)

    •  Cheapest Carrier for Smokers

    • Must be FAIRLY HEALTHY

    • Signature- Text/Email code to client.

  3.  American Amicable (Up to Age 85)

    • ​​Product- Senior Choice

      • BEWARE- Cuts commission after age 80

      • Lenient Underwriting•Google any physician in that city/state.

      • Signature- Text/Email code to client.​

    Ethos (Up to Age 85)

    • Product- Advantage Whole Life

      • Very Lenient Underwriting

      • Signature- Text/Email code to client.

    Americo Select 2 (Up to Age 85)

    • Cheapest Carrier for Smokers

    • Takes Heart Meds/Heart Issues

    • Last Resort Before Ethos & GIWL

    • Signature- Text/Email code to client.

  4. Corebridge GIWL (Up to Age 80)

    • Accepts Direct Express Card

    • Full advance for Debit Card

    • Guaranteed acceptance.

    • Signature- Text/Email code to client.

 

CLIENTS ABOVE AGE 80:

 

  1. Aetna (Up to Age 89): 80+ clients ONLY

    • OLD People 80+ & HEALTHY

    • Minimum Health Issues: Diabetes, HBP, Cholesterol, Thyroid•Application- Click No to Everything

    • Signature- Text/Email code to client.

  2. Americo Select 1 (Up to Age 85)

    • Cheapest Carrier for Smokers

    • Must be FAIRLY HEALTHY

    • Signature- Text/Email code to client.

  3. Ethos Advantage Whole Life

  4. American Amicable Senior Choice

 

Leaving A Legacy & Mortgage Protection (Bigger Policies):

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Acceptable Medical Conditions:

  • Diabetes metformin ONLY (Not before Age 50

  • High Blood Pressure

  • Cholesterol

  • Thyroids

  • NO heart attacks/strokes/COPD/Cancer

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  1. AMERICO IUL (Up to Age 75)

    • Product- IUL

      • Minimum of 50k coverage

      • Maximum of 450k coverage

      • Signature- Text/Email code to client.

  2. Mutual of Omaha IULE (Up to Age 75)

    • Product- Indexed Universal Life Express

      • Minimum of 25k coverage

      • Maximum per age:

        • 50 years old- 300k

        • 55 years old- 250k

        • 65+ years old- 150k

      • Signature- Text/Email code to client.

​​

IF DECLINES: Pivot to Term

 

Terms:

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  1. Americo T100 (Up to Age 75)

    • Term w/ 100% living benefits

    • Signature- Text/Email code to client.

  2. Americo Payment Protector (Up to Age 75)

    • Decreasing term w/ no living benefits.

    • Signature- Text/Email code to client.

 

IF DECLINES: Pivot to final expense options

Cheat Sheets

*Remember to check height and weight

Explained Ratings:

Guaranteed, ROP, Graded or Modified

On the Whole Cheat Sheet, terms like Guaranteed, ROP, Graded, or Modified essentially refer to the same thing. Different carriers use various terms for their rating classes, but they all mean the same: a 2-year waiting period. If the client passes away from natural causes within the first two years, the death benefit will not be paid out. Instead, the premiums will be refunded to the beneficiary, plus 10% interest. Policies with these ratings (Guaranteed, ROP, Graded, or Modified) typically pay 30%-50% less in commission and cost about 40% more than Preferred, Standard, or Immediate Rating Class policies.

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