Duford Insurance Group recruits new or experienced face-to-face and telesales agents nationally to sell final expense and Medicare.

Click here to learn more about joining!

• Preferred:
  • 40-75 – $2,500-$35,000
  • 76-80 – $2,500-$15,000
  • 81-90 – $2,500-$10,000
• Standard:
  • 40-75: $2,500-$25,000
  • 76-80 – $2,500-$15,000
  • 81-90 – $2,500-$10,000
• Modified:
  • 40-75: $2,500-$25,000
  • 76-80 – $2,500-$15,000
  • 81-85 – $2,500-$10,000

Available Riders: Accidental Death Benefit Rider, Dependent Child Rider
Cover Foreign Nationals? Yes, as long as the client has an ITIN (individual tax number), or a green card
Height-Weight Chart? Download here
Sample Final Expense Application: Download here
Rate Guide: Download here
Prescription/Rx Guide: Download here
Underwriting Advantages:

• Social Security deposit drafting option available to reduce lapses
• Competitive Preferred rates for non-smokers and smokers, especially 70 years and older.
• Coverage available to prospects ages 86 to 90.
• Modified plan useful for prospects who’d otherwise go to guaranteed issue carriers.
• Atrial fibrillation considered for Preferred rates.
• 10% lead co-op bonus paid on issued monthly production of 1500AP or greater.
• Super-simple paper and e-app.

See Also AIG Guaranteed Issue Product Review [For Agents Only]

Security National’s Simple Security Final Expense Health Questions

What follows below is a list of Security National’s Simple Security Plan final expense product’s health-qualifying questions your prospect will need to answer in order to potentially qualify for coverage.

To review the application health questions for yourself, you can download a sample final expense application here.

How The Simple Security Plan Works

Security National offers 3 rate classes for its Simple Security Plan.

1. Preferred rates. This is day 1, 100% face amount coverage for natural and accidental causes of death.
2. Standard rates. Like the Preferred rate class, this plan offers day 1, 100% face amount coverage for natural and accidental causes of death at a slightly higher premium than Preferred rates.
3. Modified rates. The Modified plan offers a two-year restriction on natural causes of death to only a return of the client’s premium plus 10% interest. Accidental causes of death are covered from the first day.
   
   After 2 years have passed since the policy’s effective date, the client is fully covered for the full face amount regardless of how he dies.

Knockout Questions

If any question below is answered “yes,” then the client is not eligible for the Simple Security Plan:

1. Are you now, or within the past 30 days been treated or admitted in a hospital, nursing home, health care facility, long-term care facility, hospice care, or been advised by a licensed member of the medical profession to be confined to a bed? Have you been medically diagnosed, tested or treated by a licensed member of the medical profession with having a terminal illness resulting in death within the next 12 months?
2. Within the past 30 days, have you been medically diagnosed, tested or treated in a hospital by a licensed member of the medical profession for a seizure?
3. Do you need assistance or supervision with dressing, eating, personal hygiene (bathing or toilet), or transferring to or from a bed or chair?
4. Are you now, or within the past 90 days been diagnosed, tested or treated by a licensed member of the medical profession for any type of tumors or cancers, except basal cell skin cancer?
5. Have you ever been diagnosed by a licensed member of the medical profession as having Alzheimer’s, dementia, ALS (Lou Gehrig’s disease), sickle cell anemia, hepatitis C, cirrhosis of the liver, cystic fibrosis, brain aneurysm, or organ transplant?
6. Are you currently receiving dialysis treatment?
7. Have you ever been diagnosed by a licensed member of the medical profession as having Acquired Immune Deficiency Syndrome (AIDS), AIDS Related Complex (ARC), or have you tested positive for the Human Immunodeficiency Virus (HIV)?

Qualifying For Modified, Standard, Or Preferred Rates

To qualify for Modified rates, your prospect needs to answer “no” to questions 1 through 7, and answer no more than 3 questions “yes” for questions 9 through 20.

To qualify for Standard rates, your prospect must answer “no” to questions 1 through 7, “yes” to question 8, and “no” to questions 9 through 20.

To qualify for Preferred rates, your prospect must answer “no” to all health questions.

Here are health questions 8 through 20:

8. Do you use any type of insulin medication for any type of diabetes? If yes, how many total units per day?

See Also Trinity Life / Family Benefit Life Final Expense Review [For Agents Only]

For questions 9 through 11: Within the past 2 years, has the Proposed Insured been diagnosed, tested positive for, treated, prescribed medication or been given medical advice by a licensed member of the medical profession for any of the following medical conditions:

9. Angioplasty, stent implant, bypass surgery, heart valve surgery or pacemaker?
10. Any type of tumors or cancers, except basal cell skin cancer? If now cancer-free, indicate month and year you were diagnosed by a licensed member of the medical professional that you were cancer-free.
11. Brain tumor, brain disorders, TIA (mini stroke) or strokes of any kind
12. Heart disease of any type, angina, heart attack, enlarged heart, congestive heart failure (CHF), circulatory disorder, or other heart disorders or conditions?
13. Lung disease, emphysema, or chronic obstructive pulmonary disease (COPD) or any other type of pulmonary or lung disease or condition?
14. Kidney disease or failure, renal failure or insufficiency, liver disease, hepatitis B, disease of the pancreas or other organ failure or disease?
15. Diabetes with complications that could include: diabetic coma, insulin shock, eye disease or disorder, neuropathy, amputation, hospitalized for diabetes, take 100 units or more of insulin in a 24-hour period, or insulin use prior to age 40?
16. Parkinson’s disease, paralysis, multiple sclerosis, lupus, muscular dystrophy, down syndrome, cerebral palsy, epilepsy, seizures or any other neurological disorders?
17. Paranoia, schizophrenia, major depressive disorder, that includes suicide attempts, hospitalization, or any other mental disorder or disease
18. Have you been advised by a licensed member of the medical professional to have tests, surgery, treatment or do you have any medical test results pending or any additional medical evaluations that have not been performed, excluding tests related to the Human Immunodeficiency Virus (AIDS virus)?
19. Have you received medical treatment, counseling or advised by a licensed member of the medical profession regarding abuse or excessive use of: alcohol, non-prescribed drugs, prescribed drugs, narcotics or any other habit forming substance?
20. Do you use a medical appliance such as a wheelchair, walker, hospital bed or oxygen?

Security National Simple Security Rate Chart

Below you’ll find several charts of rates for males and females for all 3 of the Simple Security’s rating classes.

If you’d prefer to download the rate guide, you can do so here.

NOTE: These rates are for EFT only. Security National uses a slightly-higher modal factor for debit/credit card payments, meaning premiums using those modes of payment WILL be higher than you see below.

Please see the rate guide above for how to calculate debit/credit card premiums.

My Thoughts On Using Security National’s Simple Security Plan For Final Expense Prospects

Having personally sold final expense since 2011 and recruited agents since 2013, I have extensive experience dealing with good and bad final expense carriers.

Security National’s final expense product is one of the better products to consider, chiefly because of its ease of use, good underwriting, and useful lead program bonus.

See Also Americo Final Expense Product Review [For Agents Only]