Business Solutions: Guaranteed Issue Term for Groups

TBA's Life Insurance Link Up

20-03-2024 • 10 mins

When it comes to business solutions - specifically guaranteed issue insurance for groups - the options can feel daunting. That's why we brought in two experts from Principal's business solutions team - Mark Householder & Tom Bates - to talk all things guaranteed issue term for groups. They joined our own John Felton to discuss the following questions:

  • What is the ideal company/group for this product?
  • Does this use level term, Annually Renewable Term, or are there options for each client?
  • What type of financial professionals can find success with this product?
  • Who handles the plan and policy administration and billing? Is there a cost?
  • Can additional insureds be added to an existing group
  • Could you discuss some of the more important qualifications for a group to qualify for guaranteed issue?

Product Overview

GI Inquiry Form

Sample Quote

Bonding Piece