Successfully placing large life cases starts with understanding underwriting considerations and carrier limitations. Resist the urge to spreadsheet until after preliminary underwriting is performed.
Underwriting Considerations
- Financial Justification
- Insurable Interest
- Health History
Insurance Carrier Limitations
- Internal Retention Limits
- Reinsurance
- Auto-binding Authority
- Jumbo Limits
Preliminary underwriting is concerned with collecting the necessary underwriting data needed to secure solid tentative offers from multiple markets. The data needed varies by case, and it may entail retrieving medical records.
Contact us by phone 610-785-1501 or email for help with your next large case.