Consolidated Underwriters, Inc.
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Stay informed on our latest news!
North American is pleased to bring you a new ADDvantage Term product (Generation 7) with improved rates for the 15, 20, and 30-year plans, making them highly competitive!
ADDvantage Term offers more than just competitive rates; it provides an economical and well-rounded solution to help meet your clients’ financial protection needs and help you increase sales.
• Convertibility: If needs change, your clients can convert to any currently available permanent life insurance product without additional underwriting, giving them flexibility for the future.
North American Company is pleased to announce that we will implement an improved General Purpose Life Application on December 2, 2013. Our goal is to make it as easy as possible for you to do business with us. These updates will aid in streamlining the underwriting process. These forms were also revised based on suggestions and recommendations from you.
Application enhancements include:
Re-design of the non-medical and medical questions in an effort to obtain more complete information up front and avoid any unnecessary delays during the Underwriting process.
Added information to comply with regulations for Unclaimed Property
We are pleased to announce the introduction of the Transamerica Life Insurance Company nonparticipating whole life final expense products: Immediate Solution, 10 Pay Solution and Easy Solution,available for sale effective March 18, 2013, subject to state approval.
Transamerica Life’s Final Expense Solution incorporates the following features:
• A simplified cascading application
• No medical exams (qualification is based on answers to health questions on the application)
• Fast issue (policies are typically issued between 48-72 hours)
• Face amounts of up to $50,000 for the Immediate and 10 Pay Solution
Issue Age Max Face Amount
Effective March 1, 2013:
The minimum face amount for Mutual of Omaha's Term Life Express products will be lowered from $50,000 down to $25,000.