Reminder: Important changes coming to WriteFit Effective 06/01/2024

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Effective June 1, 2024, Securian Financial is making some changes to our WriteFit Underwriting™ program that will help improve the customer experience, increase efficiency and simplify underwriting requirements. These changes will also impact our eApp requirements and support the transition to a more digital application process.

What’s changing:

  • WriteFit Express will be discontinued.
  • WriteFit eligibility will be ages 0–60.
  • WriteFit will be required for all eligible products with face amounts of $500,000 or less for ages 0–60.*
  • Term minimum issue age will increase to age 18 (previously 16).
    • Juvenile term policies will no longer be available, this includes New York.

eApp requirements and new guidelines you need to know:

  • eApp requirement on term policies with face amounts of $3M or less; permanent policies with face amounts of $500,000 or less
  • eApp requirement on joint life policies with face amounts of $500,000 or less
  • Increased minimum face amounts to:
    • $250,000 on term; this includes New York
    • $100,000 for all ages on indexed universal life (IUL) products; still $200,000 for survivorship products

New guidelines

  eApp
requirement 		WriteFit
requirement* 		WriteFit
optional* 		Traditional
required
Term$250,000 to $3M$250,000 to $500,000$500,001 – $3M
(ages 18–50)

$500,001 – $1M
(ages 51–60)

$3M+
(ages 18–50)

$1M+
(ages 51–60)

$250,000+
(ages 61 and over)

Permanent$100,000 to $500,000$100,000 to $500,000$500,001 – $3M
(ages 0–50)

$500,001 – $1M
(ages 51–60)

$3M+
(ages 0–50)

$1M+
(ages 51–60)

$100,000+
(ages 61 and over)

Joint Life$200,000 to $500,000WriteFit not availableWriteFit not availableRequired

*If proposed insured does not qualify for WriteFit, they will move to traditional underwriting. WriteFit will remain optional for all face amounts in New York, if eligible. 

Note: 

  • No changes from a permanent policy to a term policy with a face amount less than $250,000.
  • No term policies will be accepted with a face amount less than $250,000.
  • Paper applications will not be accepted for term policies with face amount below $3M or permanent policies with face amount below $500,000.
  • Paper applications for joint life will not be accepted for face amount below $500,000.
  • NO EXCEPTIONS will be made. 

Products impacted: 

  • Term (New York and Drop Ticket℠ included)
    • Advantage Elite Select 10-, 15-, 20- and 30-year
  • Permanent
    • Eclipse Accumulator Indexed Universal Life (IUL)
    • Eclipse Protector II IUL
    • Eclipse Survivor II IUL – eApp only; WriteFit not available

* Products not listed are out of scope or don’t offer eApp or WriteFit 

Transition rules: 

  • eApps that are eSigned and received at Securian Financial before June 1, 2024, will follow current WriteFit Express and WriteFit program rules.
  • eApps received at Securian Financial on or after June 1, 2024, will follow new WriteFit program rules.
  • Paper applications for term policies with face amounts below $3 million or permanent policies below $500,000 must be received before June 1, 2024.