Symetra’s Announces Carrier Match Program

From Symetra:

Starting September 1, 2023, Symetra will match formal or informal rate class offers from our group of eligible life insurance carriers.

The program is available with our market-leading Accumulator Ascent and Protector IUL products for issue ages 20-65 and face amounts up to $5 million.

Here’s how it works:

• Submit two matching underwriting offers from our group of eligible carriers dated within 90 days of your Symetra application (instant and accelerated underwriting programs are excluded).

• All underwriting requirements used to assess the rate must be included in the carrier’s offer.

• Any “subject to” additional requirements (such as an APS) will apply, and the final offer is subject to the favorable review of these requirements.

• Approval of the carrier match is subject to a fully completed Symetra application and review of routine and/or outstanding requirements such as an MIB, MVR, Rx and Dx.

• Cases must be submitted by Dec. 31, 2023, and issued by Jan. 31, 2024.