Foreign National Underwriting for High Net Worth Global Citizens
High Net Worth Foreign Nationals (HNWFN), aka Global Citizens, are a GROWING market of individuals who typically possess assets and interests across the world and find particular financial safety and security in US domiciled businesses and properties. The growth of this market has expanded BEYOND the traditional US markets we’ve come to expect and includes […]
How Aviation and other Avocations Affect Life Underwriting
Medical Impairments are not the only circumstances that threaten mortality and your client’s underwriting success. Hobbies and occupations offer their own type of risk (just ask Jeff Bezos and Richard Branson). With the advent of PRIVATE space travel, we are sure the Life Insurance companies are already considering the risk and how to charge EXTRA […]
Additional or New Coverage with No Underwriting
We hear you loud and clear! The traditional underwriting process often presents many challenging hurdles – lengthy applications that include multitudes of invasive and personal questions, varying carrier requirements including blood, urine, EKGs, and the time-consuming attempts to get APS information. It can take MONTHS to get everything required to approve a policy! Insurance companies […]
6 Months of Ideas – ONE Ideas for the Purchase of Life Insurance
AgencyONE’s weekly ONE Ideas are designed to discuss a range of industry topics that are linked to current trends in Advanced Markets, Case Design, and Underwriting. There has been a lot of activity within the industry over the last 6 months (COVID, the election, ongoing interest rate pressures, and product changes) so this week’s ONE […]
End of Term Insurance STICKER SHOCK!
Have you ever had a client who came to the end of their level term insurance period and then got a renewal notice that made them happy? More than likely, they were very upset and called you expressing “End of Term Insurance Period STICKER SHOCK!” LEVEL TERM PREMIUM TO ANNUAL RENEWABLE TERM Most carriers change […]
A Premium Finance Insurance Case That Went Well!
I typically see Premium Finance cases in the concept stage and probably see about 3-4 of these cases per week. A lot of advisors would like to offer Premium Finance to their high-net-worth clients who need insurance, but not every case makes the cut. In this week’s ONEIdea we discuss a Premium Finance insurance case […]
June is LGBTQ+ Pride Month! We celebrate Pride Month to recognize the history and impact of the LGBTQ+ community.
Did you know? The Greek Lambda symbol was often used as a symbol of gay rights before the rainbow flag.
#lgbtq #pridemonth2022 #lifeinsurancematters #LifeInsurance
Can your pregnant client obtain life insurance? YES, BUT there are a lot of factors that MUST be considered during the underwriting process. (Dennis Bartos, PA and Julie Melendez)
#pregnancy #underwriting #lifeinsurancematters #lifeinsurance
Underwriting Pregnancy and Pregnancy-Related Conditions - More Complicated Than You Think!!
A currently pregnant client wonders if she should apply for Life Insurance now or wait until after the child is born, but underwriting pregnancy and p...
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If you have a client with an old inforce policy with a high cash value that may or may not be underperforming, this week’s ONE Idea from Edward Stark, CLU, ChFC may provide some fresh ideas for financial planning using insurance.
#inforce #insurance
One 1035 - Two Solutions
This ONE Idea explores: If your client has an underperforming 1035 inforce, how do you review it in order to find the best solutions?
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