Cheapest GUL for 29 Year Old

Mar 23, 2016

  1. SamIam
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    SamIam Guru

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    I have a guy that can care less about cash value he just wants permanent insurance. What the best carrier for this. Thanks
     
    SamIam, Mar 23, 2016
    #1
  2. aclaro
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    aclaro Super Genius

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    What state? How much coverage? What rate class?
     
    aclaro, Mar 23, 2016
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  3. SamIam
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    SamIam Guru

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    $200K preferred IL
     
    SamIam, Mar 23, 2016
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  4. AboutThatLife
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    How do you know he is preferred?
     
  5. TwiLight
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    TwiLight Guru

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    State:
    Michigan
    North American would probably be the lowest price at Standard or Preferred Rates.

    A close second would be Cincinnati Life for Preferred rate, But NA is much lower at Standard rates.

    Skipper
     
    TwiLight, Mar 23, 2016
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  6. SamIam
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    SamIam Guru

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    Well he is 29 no med or pre-x 5'10 170 on term I was shopping around initially he was qualifying for super preferred.
     
    SamIam, Mar 23, 2016
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  7. The Gimp
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    The Gimp Guru

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    State:
    Florida
    North American wins at $65. You could do Principal for $75 w/ no exam. Comp would be higher with North American.
     
    The Gimp, Mar 23, 2016
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  8. Tahoe Ray
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    Tahoe Ray Guru

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    Penn Mutual will be slightly less expensive than NA. Lower comp though.
     
  9. AboutThatLife
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    oh, so with non med you just use height/weight and prescriptions to determine preferred status?
     
  10. The Gimp
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    The Gimp Guru

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    Your imo should have a subscription to the ipipeline quote engine which uses a XRAE to give you an idea. Other than that you should be referencing carrier underwriting guides.
     
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