Who Has the Fastest Turnarounds?

[Reign]

I need a company that could quickly turn around term polices. I have an opportunity to develop a relationship with a SBA lender who is looking for fast track or quick close policies.

Thank you for any assitance.

 

[WinoBlues]

I need a company that could quickly turn around term polices. I have an opportunity to develop a relationship with a SBA lender who is looking for fast track or quick close policies.

Thank you for any assitance.

Face amount?

...............................

 

[Reign]

Face amount?

...............................

This one in particular is $1mm

But I need a company that can consistently turn around these in 10 business days.

There is a group that uses AXA out of Florida that markets a 10 day turn around. I have spoken to AXA and they said its for in house only agents.

 

[DHK]

Mass Mutual has a program called "Quick Close". It's not a simplified issue plan, but they guarantee an offer within 7-10 business days. Maximum face is $10mm, and the insured does a Collateral Assignment to the lender. Check with your local GA for more details.

Read more: Insuring a Collateralized Loan - Need a Company

 

[Reign]

I appreciate the link. Now can you recommend a GA that works with MassMutual?

BA and HCO do not.

Thanks

 

[medsuptage]

I would hit up Jeff Root about this. (jroot) on the forms I believe.

He has experience with this.

 

[DHK]

I appreciate the link. Now can you recommend a GA that works with MassMutual?

BA and HCO do not.

Thanks

Find the office closest to you, contact them and ask for their Brokerage Director. Explain what you're looking for and see how they can help you. Don't bother with "satellite" offices. You want a main location.

Locate a Sales Office - MassMutual Financial Group