A dedicated partner for large cases, the underwriting teams are highly experienced individual insurance underwriters who specialize in providing the best offer to your clients
This article was provided by Canada Life.
Fast facts about the Advanced and Premier Underwriting Teams:
- They are dedicated teams of underwriters for life insurance coverage amounts starting at $10 million or $25,000 premium.
- There are over 200 years of combined underwriting experience on the teams.
- They’ll engage you in pre-underwriting discussions to determine financial and medical evidence requirements.
What are the Advanced and Premier Underwriting Teams?
They’re a group of seasoned underwriters who specialize in large cases. The team understands the market for large cases and can help strategically position the case to get the most competitive underwriting outcomes. Their proactive approach to file development will guide your case through the entire process.
When you decide to submit a large case with Canada Life, you get direct access to these teams. You can schedule regular touchpoints with your dedicated underwriter. They’ll serve as your trusted partner for growing your business and large case client base.
How do they add value to your large case business?
The Advanced and Premier Underwriting Teams get you competitive underwriting decisions and insight. They understand advanced sales concepts and strategies, and how to underwrite them. The size of the teams allows us to handle a greater volume of large cases, providing you with tailored service to meet you and your clients’ needs.
What makes Canada Life’s Advanced and Premier Underwriting Teams different?
- Canada Life has a lower threshold for what makes a large case. This means more cases get access to this premier level of expertise.
- We have a physician who will work with you and your clients. He can help explain a particular medical condition or underwriting decision.
- We have up to seven reinsurance partners to allow for greater capacity. We’ll package the case to ensure the most competitive underwriting outcomes.
- Our Advanced and Premier Underwriting Teams bring together experts in several areas including actuarial, product, pricing and the financial underwriting and accounting teams. We incorporate each team’s expertise to enable customized support for you.
Contact your Canada Life sales partners to find out how the Advanced and Premier Underwriting Teams can help win your next large case.
