Capture More Business in the Middle Market Using Rapid eUnderwriting
Join Provada and Metlife on Thursday, September 15 at 10:30am PST to learn more how you can take advantage of the Rapid eUnderwriting process to capture more business in the middle market. This week's webinar will feature discussion on:
High Blood Pressure and Cholesterol Now Eligible for Preferred Plus
Lincoln Financial Group has made a few changes to its underwriting guidelines which are outlined below.
Medical
Forms, forms and more forms....
Are you having trouble getting the forms you need? Do you find yourself going to different life insurance carriers to find the forms you need? Provada’s Client Center makes it easy for you to get the applications and forms you need, when you need them, all in one place.
Banner Life and William Penn add more products to iGo!!!!!!!
Banner Life Insurance Company and William Penn Life Insurance Company of New York have add Life Choice UL and Life Change UL to iGo to go along with their OPTerm, Penn Term and Life Value Term.
Who needs a cover letter?
The purpose of a cover letter is to paint a picture for the underwriter so that they have an idea of what they are looking at before they dive into application. This is your chance as the agent to put a positive spin on anything that might be seen in a negative light for your client. Generally cover letters are required for face amounts of $2 million or more, but they also serve a purpose in explaining or clarifying anything that could affect the decision of the underwriter. The five most important points to cover are:
More forms required for Lincoln MoneyGaurd
Lincoln MoneyGaurd Point-of-Sale Forms Update
Any tickets that are submitted on March 25, 2011 or after must have the following forms completed, in all states, and signed forms by both the owner and the agent. These forms need to be submitted along with the ticket and other required forms.
Which Life Carriers are Quickest? Best underwriting? Easiest to work with?
With more than 40 different carriers available at Provada, it can often be time consuming to find the best one for a particular situation. Many factors are involved in carrier selection including pricing, the financial strength of the carrier, underwriting offers, capacity, etc.
Steer clear of lengthy underwriting with the TOP 15 & 25 Program
Now you can help your clients steer clear of a lengthy underwriting process and accelerate placement of a new term policy with the Transamerica Opportunity Program (TOP).
Everyone, from ages 18 to 60, may be eligible to obtain up to $1 million of 15 or 25-year term coverage. Qualified applicants can accelerate through underwriting and avoid the hassle of a full medical exam – saving time and cost. And to top it all off, all TOP policies are fully commissionable, including policy fees.
Increase Efficiency with XRAE
A leading National Marketing Organization for brokerage general agencies, reported recently that its agencies have experienced increased efficiencies from using XRAE life insurance underwriting software. XRAE enables brokerage general agencies, direct marketers and agents to enter health information about a client and get immediate underwriting quotes from XRAE's growing list of partner carriers. Getting automated underwriting results through XRAE enables agencies and agents to act immediately on sales opportunities.
Cancer history that may qualify for a preferred rating
MetLife has announced the possibility of a preferred rating for five types of cancers! Most of the following cancers caught in the early stages and removed can be considered for a preferred rating after a seven to ten year cancer-free timeframe and good follow-up:
Stage 1a well differentiated uterine cancer;
Melanoma in situ;
Stage 1 testicular cancer;
Small mixed papillary and follicular thyroid cancer; and
Early stage kidney cancer.