Simplified Issue Baltimore Life SPWL

The amount of simplified issue premium is up to $250k of net amount at risk. An example would be a 65 year-old female with $300k. Her face amount would be $550k. This example would be simplfied issue and would only have "knockout" questions on the application, along with a short phone interview. Producer compensation is 13.00%.


Get Information and Illustrations

Call Dustin Weaver at (612) 730-2963 or email him at dustinweaver@tagpartners.org
Call Jennie Creighton at (866) 845-5292 or email her at jenniecreighton@tagpartners.org
Call John Reich at (866) 845-5292 or email him at johnreich@tagpartners.org

Get Contracted

Get contracted with Baltimore Life through The Achievement Group's Online Contracting
For assistance, call Brett Mahan at (866) 845-5292 or email him at brettmahan@tagpartners.org

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Product Information

Secure Solutions: Single Premium Whole Life

Ideal Single Premium Source: After-Tax Cash Vehicles (CD, Money Market, 1035 Exchanges)

Issues Ages: 50-85

Underwriting Classes:

  • Nontobacco and Tobacco
  • Level 1: Standard – Table 4
  • Level 2: Table 5 – 8

Point of Sale Underwriting: Yes – Over 90% POS Decisions

Minimum Premium: $5000

Partial Withdrawal Options:

  • Year 2 – 10%
  • Year 3 – 20%
  • Year 4 – 30%
  • Year 6+ – 100% of available cash value

Loans: From available cash value at a maximum rate of 8%

Accelerated Death Benefit: (Included at issue in approved states)

  • Terminal Illness – 95%
  • Nursing Home – 90%
  • Extended Care / Home Health Care / Adult Day Care – 80%
  • $250 Admin Charge
  • Partial Acceleration available

Maximum Face Amount: (Maximum Net Amount at Risk)

  • Level 1 (Standard – Table 4)
  • 50 – 80 – $250,000
  • 81 – 85 – $150,000

  • Level 2 (Table 5 – 8)
  • 50 – 80 – $200,000
  • 81 – 85 – $130,000

Death Benefit: Face amount of SPWL


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This page was updated on 1/11/2017.