Baltimore Life Final Expense

Company Description

The Baltimore Life Insurance Companies have been serving the "middle market" for the past 130 years building their reputation for integrity and service to both their policyholders and agents. The Baltimore Life insurance product is available in 49 states and the District of Columbia.

Product Description

Baltimore Life's Silver Guard Series offers simplified issue, whole life insurance policies designed for your client's final expense needs. Baltimore Life's non-participating whole life policies offer your clients guaranteed premiums and death benefits.

Baltimore Life Silver Guard Final Expense Highlights:

Silver Guard I:

  • Guaranteed: level premium, level death benefit, cash and non-forfeiture values available.
  • Life-Pay or 10-Pay.
  • Non-tobacco and tobacco user rates.
  • Premium rates are based on underwriting tables standard through table 4
  • Add Accidental Death Benefit Rider for increased coverage at minimal cost (Silver Guard I life pay only).
  • Available in all states except Kentucky, New York and Washington.

Silver Guard II:

  • Graded death benefit: 25% of the policy face amount in year one of coverage; 50% of the policy face amount in year two of coverage; 100% of the policy face amount in year three of coverage and thereafter.
  • The policy pays 100% of its face value in all policy years if death is due to an accident.
  • Life-Pay only.
  • Premium rates are based on underwriting tables 5 through 8
  • Available in all states except Kentucky, Massachusetts, Minnesota, Missouri, New York, North Carolina, South Carolina, Washington, and West Virginia.

Silver Guard III:

  • Graded death benefit: 25% of the policy face amount in year one of coverage; 50% of the policy face amount in year two of coverage; 100% of the policy face amount in year three of coverage and thereafter.
  • The policy pays 100% of its face value in all policy years if death is due to an accident.
  • Life-Pay only.
  • Premium rates are based on underwriting tables 9 through 12
  • Available in all states except Kentucky, Massachusetts, Minnesota, Missouri, New York, North Carolina, South Carolina, Washington, and West Virginia.

Learn more about selling Final Expense Insurance with Baltimore Life. PSM offers an array of the most competitive Life Insurance companies along with suggestions on Final Expense Lead Vendors and the most effective way to sell Senior Life products. No other FMO offers the level of service and support you will find at PSM.