LEAGUE CITY, Texas, Feb. 10, 2011 /PRNewswire/ -- Standard Life and Accident Insurance Company (SLAICO) has provided outstanding insurance coverage for over 70 years. While SLAICO has offered a final expense product for some time, the new AdvantageGuard Final Expense Whole Life product offers graded death benefits. Developed and released in late 2010, the upgraded AdvantageGuard benefits agents' sales as well as their clients.
AdvantageGuard's graded death benefits provide an alternative for applicants who do not qualify for immediate coverage but whose health issues do not make them completely uninsurable. As a greater number of applicants can now qualify for the benefits of final expense insurance, agents also benefit with increased commissions.
The process is very easy and user-friendly, and eliminates guess work as to whether an applicant qualifies. The application is divided into two clearly defined pass-or-fail sections that allow the agent to determine at once if the applicant meets the criteria. This removes a long application process and reduces disappointment for both applicant and agent if the applicant does not qualify.
AdvantageGuard can be offered over the phone, and an online application will become available soon, eliminating the need for face-to-face meetings. Agents save time and fuel, thus reducing their expenses and making the sales process more environmentally friendly. Should questions arise about the application process or other marketing needs, SLAICO's powerhouse staff of marketing specialists is ready to assist Monday through Friday from 8:00 am to 4:30 pm CST, and online systems are available to help 24/7.
With an industry rating of A (Strong) from Standard and Poor's, and an A (Excellent) from A.M. Best Company, Standard Life and Accident Insurance Company is a proud member of the American National family of companies.
SOURCE Standard Life and Accident Insurance Company