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Traditional underwriting


Reinsurance is a method of sharing financial risk with another insurance company. We use reinsurance when a large amount of insurance is applied for or when a client has a significant medical history.

Through our relationships with several different reinsurance companies, we can share risk, provide more favorable offers to clients and the best possible coverage.

Internal retention

Single life
Issue age
STD - Table D
Table E - Table H
Table I - Table P
0 - 75 $5,000,000 $5,000,000 $2,500,000
76 - 80 $2,500,000 $2,500,000 $1,500,000
81 - 85 $1,500,000 $0 $0
86 + $0 $0 $0
Professional athlete $2,500,000 $2,500,000 $2,500,000
Joint life

(using oldest actual age)

Issue age
STD - Table D
Table E - Table H
Table I - Table P
19 -70 $7,500,000 $7,500,000 $7,500,000
71 - 80 $5,000,000 $5,000,000 $2,500,000
81 - 85 $2,500,000 $0 $0
20 - 70 + Uninsurable $5,000,000 $0 $0
71 - 80 + Uninsurable $2,500,000 $0 $0
81 - 85 + Uninsurable $0 $0 $0
Other Situations Facultative Facultative Facultative

Auto binding limits

Single life
Issue age
STD - Table D
Table E - Table H
Table I - Table P
0-75 $50,000,000 $50,000,000 Facultative
76-80 $30,000,000 $30,000,000 Facultative
81-85 $5,000,000 Facultative Facultative
86 + Facultative Facultative Facultative
Professional athlete Facultative Facultative Facultative
Joint life

(using oldest actual age)

Issue age
STD - Table D
Table E - Table H
Table I - Table P
19 -70 $50,000,000 $50,000,000 Facultative
71-80 $30,000,000 $30,000,000 Facultative
81-85 $5,000,000 Facultative Facultative
20 - 70 + Uninsurable $50,000,000 Facultative Facultative
71 - 80 + Uninsurable $30,000,000 Facultative Facultative
81 - 85 + Uninsurable Facultative Facultative Facultative
Other Situations Facultative Facultative Facultative

Jumbo limits

Single and joint life
Issue age
Jumbo limit
0 - 80 $65,000,000
81 + $50,000,000

Have questions or need assistance?

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Frequently asked questions

Will your offers be pulled if a case is sent facultative to reinsurance?

No, we will stand by our offer to our maximum available retention. For example:

  • If a case is for $10 million permanent life insurance,
  • We offer Table C, and
  • When sending to reinsurers all reinsurers are a Table D or higher,
  • We will honor our Table C to a maximum of our $5 million retention, assuming we have no coverage in force.

Therefore, when the application and in-force coverage combined is above $5 million, you should work closely with your underwriter to decide the option of facultative reinsurance.

How long does it take to get offers back?

Typically we will have an offer in 3-4 business days.

How many reinsurers do you have?

We have a pool of up to six reinsurers, including RGA®, Swiss RE, Munich RE, Hannover RE®, SCOR and Gen RE®.

What are the reinsurers’ “sweet spots”?

They include (but are not limited to): diabetes, cancer, liver enzymes, cardiovascular and avocations.

If one company uses facultative reinsurance, does that mean no other company can autobind to a reinsurer?

The company would need to follow what is outlined in their treaty with their reinsurers,
but typically there is no restriction in binding a reinsurer automatically if another company uses facultative reinsurance.

Key resources

Please keep in mind that the primary reason to purchase a life insurance product is the death benefit.

Product features and availability may vary by state.

Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions, such as surrender periods.

These materials are for informational and educational purposes only and are not designed, or intended, to be applicable to any person's individual circumstances. It should not be considered investment advice, nor does it constitute a recommendation that anyone engage in (or refrain from) a particular course of action. Securian Financial Group, and its subsidiaries, have a financial interest in the sale of its products.

For financial professional use only. Not for use with the public. This material may not be reproduced in any way where it would be accessible to the general public.

DOFU 12-2022