Your Borrowers Can Get Life Insurance Fast and “Touch-Free” During the COVID-19 Pandemic

A global health crisis, like the unfortunate widespread COVID-19 outbreak, can understandably cause many small business owners to panic, especially clients in process of applying for an SBA loan.

Our team at The Bailey Group is here to help. With our Instant Issue options, we have Contractual Agreements with multiple carriers that can provide qualified individuals life insurance policies up to $5,000,000 with no labs or in-person exams required. This supports distancing measures and ensures the health and safety of borrowers and their community.

“Touch-Free” benefits of using our Instant Issue option:

  • Electronic applications and signatures: Borrowers can apply online or over the phone, and sign policies electronically. In some cases, borrowers can e-sign collateral assignments, too!
  • No labs in-person exams: Life insurance policies up to $5,000,000 are available without the borrower having to meet with an examiner in-person.
  • Expedited policy and collateral assignment documents delivery: We can deliver policies and recorded collateral assignments via PDF electronic delivery, often same-day or within 24 hours.

In addition to being “touch-free”, our Instant Issue programs are typically FAST. As an example, we were recently able to go from sending a link for a client to start an application on their cell phone to providing a policy and recorded assignment to the bank in only 42 minutes!*

We are standing by (6 feet apart) to help you, borrowers, medical examiners, and families stay safe and healthy while practicing social distancing and helping drive the economy forward. Please contact your local representative of The Bailey Group or email our concierge team at to see how we can help! | | 866.207.8988 ext.1

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