Royal Neighbors — JETerm
Level Term • 15 / 20 / 30 years
Point-of-Sale E-App
What is JETerm?
JETerm is a level-premium term life product (15, 20, or 30 years) with a fast, paperless, point-of-sale e-application.
It’s designed to give clients the most coverage for the lowest premium with simplified or full underwriting depending on age and amount.
When we typically use it
- Income replacement during working years.
- Mortgage or major debt protection (aligns with payoff horizon).
- Young to mid-age clients (25–60) who want max coverage per premium dollar.
- Fast decisions when point-of-sale underwriting is available.
Term Periods
Level premium for 15 / 20 / 30 years, then annually renewable to age 95.
Face Amounts
$50,000 minimum up to $5,000,000 (age/class dependent).
Issue Ages
18–65 depending on underwriting path.
Certificate Fee
Annual $80 fee (commissionable).
Underwriting Path (at a glance)
| Issue Ages | Face Amount | UW Path |
|---|
| 18–50 | $50k – $500k | Accelerated/Simplified (POS, no phone interview) |
| 51–60 | $50k – $250k | Accelerated/Simplified (POS) |
| 18–65 | $250k – $5M | Full underwriting (labs/parameds possible) |
Key Advantages
- Fast e-app — no phone interview needed for simplified cases.
- Competitive pricing for 15/20/30-year term periods.
- Large bands available with full UW (up to $5M).
- Convertible after term, renewable to age 95.
Good Fit Clients
- Families seeking income replacement.
- Homeowners protecting a mortgage.
- Budget-conscious buyers who want max death benefit per dollar.
- Clients who want quick underwriting decisions.
Common Riders
- Promise Plus: Waives 2 years of premiums if diagnosed with Stage II+ breast, ovarian, or cervical cancer.
- Additional term riders available in some states for layering coverage.
Quick Process (for new agents)
- Pre-screen: check age/amount vs UW path.
- Quote: run 15 / 20 / 30 options based on budget and needs.
- E-App: point-of-sale, tablet/laptop friendly.
- Decision: instant/fast for simplified; full UW may take longer.
- In force: set EFT, explain certificate fee, review renewals.
Fast Facts
- Carrier: Royal Neighbors of America
- Product: JETerm (Form Series 1611)
- Term Options: 15, 20, 30 years
- Issue Ages: 18–65
- Face Amounts: $50,000 – $5,000,000
- Certificate Fee: $80 annually
- UW Classes: Super Pref / Pref / Standard / Substandard
- POS E-App: no phone interview
Accelerated UW Checks
Pulls data from Rx, MIB, MVR. Simplified cases avoid labs/parameds.
Watch-Outs (Pre-Qual)
Declines likely for recent cancer, heart events, COPD, stroke/TIA, dialysis, transplants, insulin complications.
Build / Vitals
Preferred classes require good build, BP, cholesterol ratios, and favorable family history.
Positioning Tips
- Match term length to mortgage or youngest child’s independence.
- Blend term bands for layered coverage.
- Be upfront about certificate fee and renewals.
📂 Jet Term Resources Folder
