- 5,305
Application Enhancements:
· Includes a 50% reduction in pages. Is easier to use with just one part.
· Provides greater agent engagement and reduces interview time. At the start of the Point-of-Sale interview, agents will provide the interviewer with the client's information to start the interview. This enables the agent to quickly establish the base information for the interview.
· Reflects revised underwriting. Asthma and Depression have been removed from the health questions.
· Offers clarifying premium information for client and agent. Space to document Initial premium and Subsequent premium.
· Reduces pendings:
o New automatic selection of plan of insurance. When the applicant qualifies for coverage, we will issue the plan (Level, Graded, or Return of Premium, where available) for which the applicant qualifies. This eliminates the need to have our agents confirm a different plan when, for example, the application is received for Level and the applicant qualifies for Graded.
o The HIPAA form is within our new application, eliminating the hassles resulting from a separate document.
Submission Process Improvements:
· Includes greater agent engagement to get the interview started quickly.
· Requires the completion of the Point-of-Sale interview with the applicant and during Apptical's hours of operation, reducing pending applications awaiting post-submission interviews.
I think FT has made some good, functional improvements for the FE product.
· Includes a 50% reduction in pages. Is easier to use with just one part.
· Provides greater agent engagement and reduces interview time. At the start of the Point-of-Sale interview, agents will provide the interviewer with the client's information to start the interview. This enables the agent to quickly establish the base information for the interview.
· Reflects revised underwriting. Asthma and Depression have been removed from the health questions.
· Offers clarifying premium information for client and agent. Space to document Initial premium and Subsequent premium.
· Reduces pendings:
o New automatic selection of plan of insurance. When the applicant qualifies for coverage, we will issue the plan (Level, Graded, or Return of Premium, where available) for which the applicant qualifies. This eliminates the need to have our agents confirm a different plan when, for example, the application is received for Level and the applicant qualifies for Graded.
o The HIPAA form is within our new application, eliminating the hassles resulting from a separate document.
Submission Process Improvements:
· Includes greater agent engagement to get the interview started quickly.
· Requires the completion of the Point-of-Sale interview with the applicant and during Apptical's hours of operation, reducing pending applications awaiting post-submission interviews.
I think FT has made some good, functional improvements for the FE product.
