On Target Underwriting
From the Desk of Kevin Coughlin
There is a New Term Player in Town:
Pac Life and Promise Term
Recently Target Insurance Services, Inc. added Pacific Life and their Promise Term to our lineup of top-rated term life insurance carriers.
From an underwriting perspective, PAC Life offers much more than just excellent term premiums. Pac Life has many underwriting advantages that can help deliver best final price offers to your clients.
Here are several sweet spots where Pac Life can help you win on cases.
Build: this is HUGE-Preferred allowed with BMI up to 33 up to age 64. For 65 and up, preferred allowed with BMI of 35. This is our most aggressive carrier for preferred builds
Foreign Travel-Preferred for travel of up to 4 consecutive weeks. If your client travels less than 4 weeks consecutively, they can go anywhere on the planet and get preferred. Israel, Middle East, Africa-all can qualify for preferred
. This is great for clients who travel internationally for business!!!!!
Blood Pressure
-Preferred allowed with BP of 140/90. Most carriers limit preferred to 145/85.
Depression and Anxiety-Preferred available for mild to moderate anxiety and depression that is successfully treated and stable.
Low Minimum Face Amounts of $50,000- $50,000 face amounts available for preferred or standard. Clients with significant underwriting impairments will not qualify.
DROP TICKET PROCESS-Pac Life offers an exceptionally convenient drop ticket process that can be accessed through Target's website. With the drop ticket process, you fill in the basic information on-line and Pac Life and Target do the rest.
We at Target are excited about this new term option for you and your clients. The term rates are very competitive and they offer powerful underwriting niches, competitive guaranteed universal life conversion options and effective drop ticket process.
If you have underwriting questions about Pac Life, please call or e-mail me today.
Kevin Coughlin
Director of Underwriting
913-403-5829
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