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Technically a prospect can fill out an app anytime during the year. Getting it to go through is another story all together though.
If you have a (as in one) prospect send it an app early, no harm. If you have a handful sent in early, might raise a red flag with the carrier.
I would not advice a room full of agents to offer to start helping clients fill out apps prior to Oct 15th. You know there are a couple who thought they will just start selling Oct 1st and start bending rules.
Here is why I would not cross that line: The carrier has the right to suspend the agent's ability to write business while they investigate any potential violations. Even if you come out clean, how long would the process take? A week, 3 weeks? Who knows. Do you want to chance that? Personally, I would not. Set an appointment to go back after the 15th.
Last time I had pre-filled out apps with clients, I had a couple come in early, even though they were advised not to mail them in until Oct 15th. It was a non issue but that was a couple years ago. CMS is not getting any more agent friendly...
If you have a (as in one) prospect send it an app early, no harm. If you have a handful sent in early, might raise a red flag with the carrier.
I would not advice a room full of agents to offer to start helping clients fill out apps prior to Oct 15th. You know there are a couple who thought they will just start selling Oct 1st and start bending rules.
Here is why I would not cross that line: The carrier has the right to suspend the agent's ability to write business while they investigate any potential violations. Even if you come out clean, how long would the process take? A week, 3 weeks? Who knows. Do you want to chance that? Personally, I would not. Set an appointment to go back after the 15th.
Last time I had pre-filled out apps with clients, I had a couple come in early, even though they were advised not to mail them in until Oct 15th. It was a non issue but that was a couple years ago. CMS is not getting any more agent friendly...