Two concurrent FE apps Two carriers?

[Desmond Doss]

Age 73 NS F good health wants $40,000 and limits with current carriers is $35

Can I do $30 with one and $10 with another?

Any disclosure to the carrier needed?

 

[fed up]

So long as she is good with the premium there is noting against stacking policies

 

[Desmond Doss]

AHA learned a new phrase today. Stacking policies!

THANKS

 

[fed up]

the question on the application is are there other policies in place, is the client using a policy to pay for this one, are you replacing a policy. It is not uncommon for people to have several small 2-5000 policies, or 2-3 25K policies from different carriers

 

[tribetime32]

There are a few carriers that will allow $40,000 face amount such as Mutual of Omaha and United Home Life. Good luck! As said above, if you need to stack a couple policies you can do that as well.