SELL A POLICY

POLICY OWNER

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CHANGING THE WAY YOU THINK ABOUT INSURANCE

FINANCIAL PROFESSIONAL

WHAT IS THE QUALIFICATION CRITERIA?
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
DISCOVER HOW WE CAN CHANGE YOUR LIFE

BROKER

WHAT IS THE QUALIFICATION CRITERIA?
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
Carrier
U.S. Based only, A.M. Best Rating of B++ of better
WHAT IS THE QUALIFICATION CRITERIA?
Age
65 years or older (Younger insureds may qualify depending on certain medical conditions
Health Status
Life expectancies up to 160 months
Type of Insurance
Universal life (UL), survivorship universal life (SUL), convertible term life, and whole life (WL)
Death Benefit (Face Amount)
$100,000+
Policy Premiums
Illustrated premiums that are less than 5% of the face amount
Date of Issue
The policy must be in force for 25 months before it qualifies for a settlement. Some States require the policy to be in force 4-5 years.
Type of Ownership
Individual, corporate, foundation, trust, non-profit organization or business
WHAT IS THE PROCESS?
  1. Submit an application and an in-force illustration
  2. Magna will review the policy and call you with an informal range of offer
  3. Submit a HIP AA form and necessary additional information
  4. Magna will obtain medical records and life expectancy report on the insured
  5. Magna will extend a formal offer

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