Remember the days when we could underwrite an application without getting a Paramed Exam and Labs?  If you don’t, then let me tell you life underwriting was a lot simpler and quicker back then.  Some companies are getting back to Non-Medical underwriting in an effort to make the underwriting process less painful for your clients and for you.  Pacific Life and SBLI are leading the pack.

PACIFIC LIFE is now offering Non-Medical underwriting for amounts up to $1,000,000 and ages of 50-69.  They call it SMOOTH SAILING.  That means that a 69 year old can apply for $1,000,000 of coverage and not need to take an exam or give a blood sample.  The only qualification is that the client must have had a check-up by his doctor that included a blood draw within the last 18 months.  That’s it.  It is as simple as that—no secret lab scoring or big data searches needed to qualify for Non-Medical underwriting.  The application is still underwritten and medical records may be ordered, but no exam–period.  For more information about Pacific Life’s Smooth Sailing, CLICK HERE.

SBLI is offering Non-Medical underwriting for amounts up to $500,000 and ages of 18-60.  They call it ACCELERATED UNDERWRITING (AU).  This includes all risk classes, either a paper application or Drop-Ticket e-app, no exclusions, no fine print, no hassles.  Again, the application is still underwritten, but no exam—period.  For more information about SBLI’s Accelerated Underwriting, CLICK HERE.

With both Pacific Life and SBLI, the company will call your client to complete the Part 2 Medical history.  That means that YOU don’t have to ask your client all the health questions—further simplifying the application process.

Case in point:  A male 63 wanted $1,000,000 of coverage.

Nine days from Ticket to Approval for a 63 year old-$1,000,000 of coverage!