Simplified Issue or Guaranteed Issue Life

[dcouch]

Who would be a simplified issue or guaranteed issue company that would take a large sum of money, single premium?

This case has been denied fully underwritten plans becasue of heart complications. Defibulator, etc.

Any suggestions?

 

[Mark]

Rosenthal Financial Services, LLC.

 

[Newby]

Who would be a simplified issue or guaranteed issue company that would take a large sum of money, single premium?

This case has been denied fully underwritten plans becasue of heart complications. Defibulator, etc.

Any suggestions?

How big is big?

NGL will go up to $50,000 I think. They are a true GI single pay. You could stack other $25,000 GI single pays if you need more.

 

[dcouch]

looking to put about 1M premium in the contract.

 

[VolAgent]

looking to put about 1M premium in the contract.

Try finding a second to die that allows one to be uninsurable. I believe Mass Mutual will do that on their survivorship whole life.

 

[100kinssales]

I would check Mutual of Omaha, Monumental and New York Life.

-Josh
- - - - - - - - - - - - - - - - - -
Also, I forgot to mention CFG and Presidential. Both great Whole Life companies but I'm not sure if they will take large amounts.