Business Ownership Now Available for SwiftTerm
Do your business clients need help securing buy-sell agreements (PDF) or key-person coverage (PDF)? We have exciting news for you!
Starting tomorrow, Oct. 31, 2024, Symetra SwiftTerm life insurance is available for ownership by businesses, including corporations, partnerships and LLCs.
To ensure fast processing, we recommend having the following information available when starting a SwiftTerm drop ticket:
- Company name, address and phone
- Date of establishment
- Tax ID number
- Primary signer name, email and relationship to insured
- Primary signer power to revoke (yes or no)
- Beneficiary details, including name, address, phone, DOB, relationship and percent allocated
This enhancement makes SwiftTerm available for all of your clients’ term life insurance needs, including individual, trust and business ownership options.1
1 Clients should consult their tax or legal professional when reviewing a trust.