Baltimore Life Single Premium Asset Transfer Products

Baltimore Life has both Whole Life and Generation Legacy single premium asset transfer products. These products utilize a telephone based point of sale underwriting process that provides you and your client an immediate underwriting decision in more than 90 percent of your applications. These products offer an immediate increase in your client’s estate.

Single Premium Whole Life is a secure solution for seniors who want to re-allocate a portion of their invested cash assets.

  • Issue ages 50-85
  • $5,000 minimum
  • Underwriting class Level 1 includes standard risks through Table 4
  • Underwriting class Level 2 includes risks from Table 5 through Table 8
  • Terminal Illness, Qualified Nursing Facility, and Extended Care living benefits

Generation Legacy Single Premium Whole Life is designed for seniors who have non-qualified annuities and qualified funds they want to pass to their heirs in a tax-efficient manner.

  • Issue ages 60-80
  • $5,000 minimum
  • $450,000 maximum face
  • Both qualified and non-qualified funds accepted
  • Terminal Illness and Qualified Nursing Facility living benefits