Illinois Mutual DI – Increased DI Non-Med Limits

Back to Sales Blog

Illinois Mutual DI – Increased DI Non-Med Limits

 

Effective Immediately

Updates to DI Non-Med Limits and Financial Documentation Guidelines

Illinois Mutual is here to help you make the best possible disability income insurance (DI) offers to your clients. That’s why we increased our DI non-med limits from $3,000 to $5,000 for the 18-50 age group – effective immediately.

NEW! Updated DI Non-Med Limits

Total Monthly Amount of Insurance Applied For and In Force With This Company

For Ages 18-50

Non-Med: $200-$5,000

Abbreviated Paramed, Blood Profile, Urinalysis: $5,001+

For Ages 51-60

Non-Med: $200-$3,000

Abbreviated Paramed, Blood Profile, Urinalysis: $3,001+

 

Changes to Financial Documentation Guidelines for Self-Employed and Business Owners

•One year of income documentation is required for benefit amounts between $3,001 and $5,000 per month (including Integrated Monthly Benefit Rider and existing coverage, all sources).

•Two years of income documentation is required for benefit amounts greater than $5,000 per month (including Integrated Monthly Benefit Rider and existing coverage, all sources).

Find full details for these exciting changes in “DI Underwriting Financial Guidelines and Non-Medical Limits”

 

Subscribe For Latest Updates

Sign up to notified of every new Sales Blog Post.

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Back to Sales Blog