Carrier: Royal Neighbors of America
Product: Jet Term Life
Product Type: Level Term Life (15-, 20-, 30-Year Terms) to Age 95
Issue Ages: 18–65 (varies by term)
Face Amounts: $50,000–$5,000,000
Target Market: Clients seeking streamlined term life coverage with high face amounts, accelerated underwriting, and digital e-Application options. Ideal for those aged 18–65 needing up to 30 years of level term protection without exams.
Carrier: Royal Neighbors of America
Product Type: Level Premium Term Life to Age 95
Available Term Periods
- 15-Year Level Term (Issue Ages 18–65)
- 20-Year Level Term (Issue Ages 18–60)
- 30-Year Level Term (Issue Ages 18–50)
Coverage Duration
The policy includes level premiums during the selected term period (15, 20, or 30 years). At the end of the level period, the certificate defaults to Annual Renewable Term (ART) with increasing premiums until the insured’s attained age of 95, at which point the certificate expires without value.
Face Amounts
- Minimum: $50,000
- Maximum: $5,000,000
Premium Structure
- Guaranteed level premiums during initial term period
- After term ends, rates increase annually based on an attained age scale (ART)
Premium Modal Factors
| Mode | Factor |
|---|---|
| Annual | 1.00 |
| Semi-Annual | 0.52 |
| Quarterly | 0.265 |
| Monthly EFT | 0.087 |
Substandard Risk Classes
Substandard table ratings are available up to Table 16 for applicants subject to full/traditional underwriting. Refer to Royal Neighbors Field Underwriting Guide – Form 2980-B for complete guidelines.
Accelerated Underwriting Grid
Applicants may qualify for accelerated underwriting (no exam) depending on age and face amount. If criteria are not met, full medical underwriting applies. The following matrix summarizes the approach:
| Face Amount | Ages 18–50 | Ages 51–60 | Ages 61–65 |
|---|---|---|---|
| $50,000 – $250,000 | Accelerated UW | Accelerated UW | PM |
| $250,001 – $500,000 | Accelerated UW | PM | PM |
| $500,001+ | PM, SB, eIR | PM, SB, eIR | MA, SB, eIR, APS |
Key Underwriting Codes:
- APS: Attending Physician Statement (medical records)
- eIR: Electronic Inspection Report (no interview)
- PM: Paramed Exam, Blood Profile, Urinalysis
- SB: Special Blood – NTPro-BNP
- MA: Mature Assessment
Underwriting Classes & Requirements – Jet Term Life
Jet Term Life offers simplified, real-time underwriting through an accelerated e-Application process. No paramedical exam or phone interview is required. Eligibility is based on health history, prescription history, and a build chart. Most applicants receive an instant underwriting decision at point-of-sale.
Available Risk Classes
- Preferred Non-Tobacco
- Standard Non-Tobacco
- Standard Tobacco
Build Chart – Height & Weight Limits
The following table outlines maximum allowable weights for each underwriting class. Applicants who exceed weight thresholds for a given class will be considered for the next eligible class or declined.
| Height | Preferred Non-Tobacco | Standard Non-Tobacco | Standard Tobacco |
|---|---|---|---|
| 5'0" | 110–141 | 110–152 | 110–162 |
| 5'4" | 122–162 | 122–176 | 122–189 |
| 5'8" | 134–183 | 134–198 | 134–213 |
| 6'0" | 146–204 | 146–220 | 146–236 |
| 6'4" | 158–225 | 158–243 | 158–261 |
Applicants with a BMI under 18 or over 44 are not eligible for coverage.
APS (Attending Physician Statement) Requirements
No APS is required in most cases. However, Royal Neighbors reserves the right to order an APS if inconsistencies are found between the application and prescription history. Agents do not need to request an APS proactively.
Accelerated Underwriting Process
- Available for face amounts up to $1,000,000
- Clients who qualify are approved immediately through the e-Application platform
- No exams, labs, or interviews required for accelerated decisions
- Cases referred to full underwriting will be notified at point-of-sale
Application Submission & Signature Options
Applicants must complete the Jet Term e-Application and may sign using e-signature (email or SMS). Paper applications are not accepted. The insured, owner, and payor may be different individuals and do not need to be in the same location.
Note: For individuals over age 50 or with conditions that trigger flags in the prescription or MIB check, cases may be referred for further underwriting or declined.
Prescription Medication Guidance – Jet Term Life
Royal Neighbors of America does not publish a public list of excluded medications, declinable drugs, or prescriptions marked for individual consideration for Jet Term Life. The underwriting process uses real-time access to the applicant’s prescription history and MIB report to make eligibility decisions during the e-Application process.
Medical questions on the application should be answered as accurately as possible. A "Yes" answer does not automatically result in a decline. Instead, it may lead to further review or referral to full underwriting.
Agent Guidance
If you are unsure whether a medication or prescription history will impact a client's eligibility, you must contact the Royal Neighbors underwriting department directly for a risk assessment.
- Underwriting Phone Number: (309) 788-4561
- Phone Tree: Option 1 > Option 1 > Option 1
Assistant Prompt
If an agent using the Assistant asks whether a specific medication is acceptable for Jet Term Life, the Assistant should respond:
"Royal Neighbors does not provide a public medication exclusion list for Jet Term Life. Please call underwriting at (309) 788-4561 (Option 1, 1, 1) for a direct risk assessment of the medication in question."
Riders – Jet Term Life
Jet Term Life includes one built-in rider and offers several optional riders to enhance policy flexibility and benefits. Riders must be selected at the time of application and may not be added after issue. Rider availability may vary by state.
Included Rider
- Accelerated Death Benefit Rider – Terminal Condition:
- Automatically included at no additional premium.
- Allows the owner to accelerate a portion of the death benefit if the insured is diagnosed with a terminal illness resulting in a life expectancy of 12 months or less (24 months in some states).
- Benefit paid as a discounted lump sum.
- Maximum acceleration amount: 75% of base face amount or $250,000 (whichever is less).
- Only one acceleration is allowed per insured.
Optional Riders
- Children’s Term Insurance Rider:
- Covers all eligible children ages 15 days to 25 years.
- Provides level term insurance in units of $1,000 (up to 25 units / $25,000 max).
- Convertible to permanent coverage at age 25 or rider termination.
- Waiver of Premium Rider:
- Waives premiums if the insured becomes totally disabled prior to age 60 and remains disabled for 6 consecutive months.
- Available through age 55.
- Terminates at age 60.
- Accidental Death Benefit Rider:
- Pays an additional death benefit if death occurs within 180 days of an accidental bodily injury.
- Available through age 60; terminates at age 70.
- Maximum rider amount is equal to the base face amount (not to exceed $250,000).
Note: Riders are only available at the time of policy issue and must be selected on the application. If the policy is converted to a permanent plan, riders do not transfer and must be re-applied for on the new policy.
Eligibility, Residency, and Ownership Rules – Jet Term Life
Royal Neighbors of America does not publish formal eligibility restrictions by citizenship, residency status, or ownership type within the Jet Term Life product guide. However, all applicants must provide sufficient identification and meet the carrier’s standard new business requirements at the time of application.
General Guidance
- Applicants must be physically located in the United States at the time of application.
- A valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) is typically required.
- The owner, insured, and payor may be different individuals, provided insurable interest is established.
- Royal Neighbors reserves the right to request identity verification for any party to the contract.
Assistant Prompt: If an agent inquires about non-citizen eligibility, visa holders, or ownership outside the U.S., the Assistant should respond:
“Jet Term Life does not provide a published guideline for non-citizen or visa-holder eligibility. Please contact Royal Neighbors’ underwriting team directly at (309) 788-4561 for specific case assessment.”
Agent Notes & Application Process – Jet Term Life
e-Application Submission Only
- Jet Term Life uses an e-Application process exclusively. Paper applications are not accepted.
- Application must be completed online through the Royal Neighbors agent portal or mobile app (Agent Access).
- No phone interview or email signature is required. The process is fully digital and POS-enabled (point of sale).
Real-Time Underwriting
If the application falls within the limits of accelerated underwriting, a decision is provided immediately during the e-App process. Cases outside of these limits may be referred for additional review.
Policy Delivery & Agent Compensation
- Certificates are issued and delivered electronically or by mail depending on agent preference.
- Commissions are released once the policy is issued and first premium is successfully drafted.
Agent Portal & App Support
- Agents can access tools, resources, and e-App submission via: agent.royalneighbors.org
- The Royal Neighbors “Agent Access” mobile app is available on both iOS and Android.
Support Contact
- Underwriting and Application Questions: (309) 788-4561 (Option 1 > Option 1 > Option 1)
- General Agent Support: Use the agent portal or contact your agency manager.
Assistant Prompt
If an agent asks how to submit a Jet Term Life application or who to contact for help, the Assistant should respond:
“Jet Term Life uses an all-digital application process through the Royal Neighbors Agent Portal or Agent Access app. There’s no paper app or phone interview. For help, call (309) 788-4561 and follow Option 1 three times for underwriting.”
