HuGO packs a bigger punch

June 6, 2019Representatives

Rate decrease of 35%* in HuGO Debt

Did you know that 80% of clients who are accepted for HuGO Life Insurance receive an automatic offer for HuGO Debt Insurance with no additional questions?

A big plus to offer for your clients!
Acceptance in standard life insurance = automatically accepted for disability debt insurance without an exclusion or rating.

Changes made to HuGO Debt Insurance

  • Pricing based on occupation now divided into two categories:
    • Class 4A, 3A, 2A and 1A, including full-time students
    • Class B, including non-insurable occupations (X), stay-at-home parents and unemployed individuals
  • 90 day waiting period (all cases)
  • Retroactive benefits no longer included
  • Partial 6-month disability no longer included

To learn more

*Decrease in rates by 35% on average, but up to 58% for some cases.

 

 

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