Your large-case resources
What is the Advanced Underwriting Team?
If underwriting were an Olympic sport, these folks would be gold medal winners.
Our dedicated underwriting team for ultra-high-net-worth clients is composed of members who each have at least 20 years of underwriting experience. We understand that the added complexity of reinsurance, medical and financial underwriting, communication and negotiation skills demands a unique caliber of expertise, and this new team manages Canada Life’s ultra-high face-amount life applications.
This is a relatively new team. Since it launched in February 2021, our advanced underwriting consultants have successfully underwritten and issued well over $500 million of death benefit.
How can this team add value to my large-case business?
When you submit a large case with Canada Life that meets the required thresholds, you get access to the following value-add services throughout the process.
Pre-underwriting
Contact us before you submit the application, and we can help you package your largest and most complex cases. Our advanced underwriting consultants will partner with you to ensure we fully understand your client’s financial situation and medical history and provide advice on how to best prepare the case for underwriting.
During underwriting
Our experienced team can offer you unique underwriting solutions tailored to the case’s specific circumstances. Throughout the process, we’ll keep you up to date on your client’s application with
timely and informative updates.
For large participating life insurance cases, we have the ability to leverage the power of our substantial internal retention to:
- Negotiate and engage support for large amounts of reinsurance capacity
- Limit the need for additional requirements
We’re excited to help you win more large-case business. Email our wholesaling team to find out more.