Symetra Relaunches Accelerated Underwriting Program
From Symetra:
Symetra recently relaunched its Accelerated Underwriting Program, designed to offer clients permanent life insurance policies without completing an exam or submitting an APS. Note the new path to coverage, Accelerated Underwriting Express, which allows clients ages 18-60 with face amounts up to $1M to automatically travel through the fastest path to coverage if requirements are met.
Looking to put the pedal to the metal when it comes to underwriting your permanent life cases? So are we!
Thanks to the relaunch of the Accelerated Underwriting Program—now with a new Accelerated Underwriting Express path!
How it Works
Just submit completed Part I and Part II applications and a HIPAA consent form, and Symetra will take care of the rest. No exam, APS or tele-interview is needed!
Clients ages 18 to 50 can get up to $3 million in coverage, and clients ages 51 to 60 can get up to $2 million in coverage, if they receive a Standard rate class or better.
Paths to Coverage
Accelerated Underwriting Express (fastest path): Clients ages 18 to 60 with face amounts up to $1 million will automatically travel the fastest path! No exam can be submitted/pre-ordered to travel this path.
Accelerated Underwriting (fast path): Light underwriting may be needed for face amounts between $1 million and $3 million. If an exam was pre-ordered, it must be reviewed.
Full underwriting (standard path): Clients who don’t qualify for accelerated underwriting will move forward with traditional underwriting requirements.