Referral
You introduce me to the borrower. I contact them promptly to review the coverage requirement and discuss available options.
Life insurance for SBA borrowers
Keep the coverage from slowing the closing.
I help SBA borrowers secure required life insurance, stay ahead of underwriting, and coordinate the collateral assignment with their lender.
Nationwide serviceLender coordinationClear status updates
01
Our SBA life insurance process
Referral to collateral assignment.
I handle the insurance process and keep the borrower and lending team informed along the way.
- 01
- 02
Initial consultation
I review their health history and insurance needs, provide preliminary quotes, and explain the available options.
- 03
Application
I complete the application with the borrower by phone or Zoom. Depending on the carrier and health history, some applicants may qualify without an exam.
- 04
Underwriting and policy issue
I monitor the case and keep everyone informed. Once approved, the borrower electronically signs the policy and pays the initial premium.
- 05
Collateral assignment
I coordinate the assignment paperwork and send available confirmation and documentation directly to the lender for the loan file.
What you can expect
A responsive partner from start to finish.
- Fast communication and regular status updates
- Access to multiple highly rated carriers
- Efficient underwriting follow-up whenever possible
- Collateral assignment coordination from start to finish
- A smooth experience for you and your borrower
Refer a borrower
Send the introduction. I’ll take it from there.
Connect me with the borrower and include the basics below. Please do not send sensitive medical, identity, or financial information.
Helpful referral details
- Borrower name and contact information
- Required coverage amount and term, if known
- Target closing date
- Lender contact for assignment coordination