Illinois Mutual – Increased DI Non-Med LimitsBenkis Barrueta
Illinois Mutual is here to help you make the best possible disability income insurance (DI) offers to your clients. That’s why they increased their 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
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 changes in “DI Underwriting Financial Guidelines and Non-Medical Limits”.
*Illinois Mutual’s Underwriting Department reserves the right to request financial and/or medical requirements for any amount of coverage.