Underwriting

Click here for updated guidelines.

Currently, Prudential accepts residents of Venezuela at NSP rates. However, that is changing. The country is being moved to a decline based on the overall endemic and political situation. Prudential is looking to make this change effective September 1, 2018, but will remain flexible with any case that may be in the works prior to that date. If you have any questions, please contact our office immediately. Prudential appreciates your understanding as to why they need to make this quick update.

Prudential is excited to launch the PruFast Track on August 20th. PruFast Track was developed to simplify the underwriting process by leveraging Predictive Modeling and is available for most single life products at ages 18 – 60 and face amounts between $100,000 and $1,000,000. Clients who qualify for the top three underwriting classes are generally eligible for an accelerated underwriting decision (no exam and/or lab test) within days for some of the healthiest clients, although in some cases, an APS may be required in place of an exam or lab.

Beginning August 20th, any eligible application that is submitted through the Xpress Quick Form or Drop Ticket will automatically be on the PruFast Track underwriting path. When using the Xpress Quick Form or Drop ticket a tele-interview specialist will collect the required medical and risk information from the client. Exam or lab requirements should not be ordered with the application; doing so will automatically remove the application from PruFast Track and put it into the traditional underwriting path.

Eligibility

Ages 18 to 60
Face Amount $100,000 to $1,000,000
Electronic submission with tele-interview
All products except PruTerm One, PruLife UL Plus, and Survivorship products
U.S. Residents

Restrictions

No insurance exam ordered or completed in conjunction with the application
Single application submission (no additional applications)
No long form applications
Cases quoted Smoker, Preferred Smoker, or Substandard are not eligible

FASTER COVERAGE ON IUL & VUL POLICIES? OH YEAH!

A purchase process that is simpler for your client, faster for us to support, and easier on you to complete.

• No labs, APS’s, Para-meds, or physical exams.
• Easy processing with fewer requirements to gather.
• Same competitive products – no changes to compensation, product, or expense.¹
• AG Quick Ticket available today for IUL: online processing – faster submission – faster commission.

Non-med underwriting details »

Beginning April 16, 2018, Max Accumulator+ and AG Platinum Choice VUL 2 can be processed with non-medical underwriting.

Satisfy your need for speed and accelerate your business.  Learn more » Prerecorded training webcast also available

New from Pacific Life — Smooth Sailing Underwriting

• Up to $500,000 Life Insurance Death Benefit* With No Medical Exams
• No Needles – No Blood Work – No Bodily Fluids – No EKGs – No Treadmills
• Ages 50–69, Any Risk Class Including Substandard
• Client Experience: Phone Interview and Application with Comprehensive Physical and Blood Work available from Primary Physician within last 18 months
• Additional Requirements: We will order the typical prescription report, medical information bureau, and motor vehicle reports

More details here.

Get the underwriting advantages you need from a team that goes above and beyond the standards others strive to achieve.  Full details available here.

LGA has put all of their underwriting materials into one convenient location. Find quick links, the Underwriting Field Guide, case studies, newsletters, social content, and the new sweet spots video.  Just pick and choose what works for you.  Available here.

APPcelerate, LGA’s automated underwriting program for qualified applicants, eliminates the need for medical exams, labs or APSs. Same great pricing and full commissions!  Now available for face amounts up to $1m! Details here.