Pension Underwriting

Pension underwriting is only needed if the policy (illustration) is part of a qualified pension plan. Please contact the Life Sales Desk if you are unsure about your particular case.

• None – This illustration is not part of a pension plan.
• Underwritten Issue – Follows the same rules as underwriting for individually owned policies.
• Simplified Issue (SU) – Offers underwritten premium rates for standard smoker and non-smoker classifications without formal underwriting. Answers to just two or three health questions on the application are required and an MIB check.
• Guaranteed Issue (GI)– Offers underwritten premium rates for smoker and non-smoker classifications without medical questions or forms. GI is only available for new plans or existing Guaranteed Issue plans.