SBLI- Accelerated Underwriting Maximum Increase

Effective October 15, 2020, our unique Accelerated Underwriting (AU) process, which is guaranteed for anyone ages 18-60, increases its maximum face amount to $750,000 for all risk classes. The process continues to support all our term and whole life insurance products and to provide expedited underwriting with no in-person contact.

The updated term rate bands are as follows and the policy fees remain the same within each of these bands:

• Band 1 – $100,000-$249,999
• Band 2 – $250,000-$499,999
• Band 3 – $500,000-$750,000
• Band 4 – $750,001-$999,999
• Band 5 – $1,000,000+

These updated rate bands will be available for quoting on October 15, 2020.

All applications dated prior to October 15, 2020, will be processed as applied for, while applications on or after this date will be processed as per the new rate bands. Click here for more detailed transition rules.