Principal is excited to announce an extension of the single-pay (formerly called limited-pay) underwriting program through June 2020! This means you can continue to offer your clients a one-rate class improvement on single-pay sales of select universal and indexed universal life insurance policies.
This is the same great program, with a couple of updates:
- Policies must be single-pay only to qualify.
A signed quotation and/or illustration with coverage to at least attained age 90 must be submitted with the application. Contact your BGA today to learn more.