Case 1– Life Insurance Underwriting Improvement.  Behind the scenes knowledge is king!

We had a case for a client who had “Athlete Heart”. Fit young man, higher earner and young family at 32 years old .  Earning $1mm annually from his business and had a solid plan of investing and already owned several rental properties.  He already had a $3.5 million 30 year term policy purchase a year earlier from Banner Life.  He was rated at Table 4 and had a premium of $7,718 annually.

We discussed the case with our Underwriter and immediately found out that Protective or Lincoln may have offered a better outcome if he had gone in that direction.  We then asked for and received a copy of his medical records in hopes that we could shop his case and get a better offer.

After review of medical records, Lincoln made a tentative offer of Preferred Non-Smoker and we are in the application process now.  New premium is expected to be $2,943.  A Savings of $4,775 annually.

Call Westland about rated cases and let us go to work for you.  Maybe there is a chance of a better outcome with the right carrier and the right behind the scenes discussions between our underwriter and that of the carrier.