AU is designed to underwrite with no medical requirements, which means no exam, labs, or medical records. AU clients are still subject to database checks, such as the MVR, RX Check and MIB.
Fully Underwritten requires completion of medical requirements such as exam, labs, and medical records.
You must hold a valid license to sell life insurance in the residence state.
For appointments, your team will check your appointment with the selected insurance carrier. To confirm if you are appointed, contact the Contracting Department.
Yes. Refer to Demo.
Refer to Carriers & Products list.
Yes. On the agent page (last page of the order), you can enter the split commission information.
Yes. Contact your agency support to determine the appropriate underwriting class before completing your order.
Yes. Replacements are acceptable for all states EXCEPT New York.
Insurance applications are binding, legal documents. Clients must consent to applying to life insurance by walking through a signature process.
Yes. Once the order has been placed, a step-by-step guide will be emailed to your client.
The carrier will review your application, run database checks, such as the Motor Vehicle Report (MVR), RX Check and MIB. Subsequent requirements may be requested, from administrative clarification to obtaining and reviewing of medical records.
Medical Records are needed due to age, face amount and/or medical impairments disclosed on the application or the exam. Dependent on the medical facility, the average turnaround time is 30 days.
Yes. Up-to-date case status is available 24/7 from your PC or mobile device. Once logged in, you can click on the case status tab.
You will receive notification from your agency support once a decision has been rendered. During this time, communication should be made to your client.
Yes. You can run updated quotes any time, to include changes to the underwriting class, face amount and term length.
For carriers participating in electronic delivery, the policy will be emailed to your client.
For carriers not participating in e-delivery, a physical policy will be mailed to the agent.
There may be policy delivery and premium payment requirements to complete the case.
Premium Payment is collected at policy delivery.
Once your case is issued, delivered, and placed, commissions will be released