Royal Neighbors of America: A Simplified Issue Life Company

At A Glance

Royal Neighbors of America: A Simplified Issue Life Company offers Jet whole life and Jet term life to independent insurance agents.

  • A-

  • 50-75

  • $7,000-$30,000

  • Paper, voice, & electronic options

  • Not Required

  • AZ, AR, CA, CO, CT, DE, DC, FL, GA, ID, IL, IN, IA, KS, KY, ME, MD, ME, MI, MN, MS, MT, NC, NE, NV, NJ, NM, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, & WY

Overview

Highlights

  • Final Expense Product: Instant underwriting decisions during the sales process.

  • Phone-Based Sales: Available

  • Highly Competitive Fully Underwritten Products: Comprehensive range including annuities.

  • Documentation:

    • Access Application Questions (pdf) and Paperless Worksheet (pdf) for convenience.

  • Incentives:

    • Earn eligibility for an Annual Incentive Trip.

  • Billing Efficiency:

    • True Social Security Billing simplifies premium payments.

  • Simplified Issue Whole Life (SIWL):

    • SIWL coverage available from $7,000 to $30,000 for individuals aged 50-80.

  • Inclusive Underwriting:

    • No Height & Weight Limits, making it accessible to a wide range of individuals.

  • Prescription Process:

    • Short Rx Prescription List (pdf) streamlines medication-related documentation.

  • Commission Structure:

    • Advanced Commissions Paid Daily, with advances paid upon issue.

  • Diabetic Consideration:

    • Insulin-dependent and diabetic individuals may qualify if diagnosed after age 30.

  • Efficient Underwriting:

    • Immediate underwriting decision at the point of sale interview for a streamlined process.

Additional Products

Jet Whole Life:

  • Type: Whole Life Insurance

  • Features: Provides coverage for the entire life of the insured.

  • Considerations: Typically offers cash value accumulation over time.

Jet Term Life:

  • Type: Term Life Insurance

  • Features: Offers coverage for a specified term.

  • Considerations: Generally more affordable than whole life insurance.

Choice Series Multi-year Guarantee Annuities:

  • Types:

    • Single Premium Deferred Annuity (SPDA):

      • Requires a one-time premium payment and provides a guaranteed interest rate over a specified period.

    • Flexible Premium Deferred Annuity (FPDA):

      • Allows for multiple premium payments with a guaranteed interest rate over a specified period.

  • Features: Guarantees a fixed interest rate for a predetermined number of years, providing stability for the annuity holder.

Single Premium Immediate Annuity:

  • Type: Immediate Annuity

  • Features: Requires a single premium payment and provides an immediate stream of income.

  • Considerations: Suitable for those seeking regular income payments shortly after making a lump sum payment.

Royal Neighbors of America: A Simplified Issue Life Company has lead credits offered through final expense brokerage.

Lead Credit

When Appointed with Royal Neighbors of America through Final Expense Brokerage you will receive $200 towards leads instantly.