Guaranteed Acceptance Life Insurance
We are now giving both brokers and agents access to a Guaranteed Acceptance Life Insurance product. The product is available in all 50 states. This Insurer is A rated by AM Best. The product is a term policy with an immediate death benefit and no health questions. Rates increase in 5 year increments as the client hits new age bands. Additionally, all policies are guaranteed to be renewed through the age of 99. The product is available with a guaranteed issue death benefit up to $150,000 through age 59. The guaranteed max available for those age 60 through age 69 is $20,000. Rates are very competitive and the policy can be converted to a permanent policy.
Guaranteed Acceptance Life Insurance – Sample rates for a 58 year old male:
- $50,000 death benefit is $70.44 a month
- $80,000 death benefit is $110.90 a month
- $100,000 death benefit is $137.87 a month
- $120,000 death benefit is $164.85 a month
- $150,000 death benefit is $205.31 a month
Guaranteed Acceptance Life Insurance – Compensation
Brokers receive compensation pay monthly “as earned” on the product. A street compensation and General Agent compensation level is available. Call our office to discuss details.
Click For Guaranteed Acceptance Contracting
If you are interested and want to learn more or to get set up to offer the plan, (we will email you contracts). Please contact our office. Contact us either at 203-796-5403 or by email at admin@croweandassociates.com.
You should send in your completed contracting with a copy of your E and O, a void check as well as a copy of your insurance license. You can send documents either by fax to 203-567-6235 or by email to Lisa@croweandassociates.com.
EXCLUSIONS
Guaranteed Acceptance Life will not cover death by suicide during the first two years that an insured’s policy is in force. Insurance coverage is incontestable after it has been in force two years during the insured’s lifetime, except for non‐ payment of premium.
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