Posts by Ashley Freeman:
We will be requiring eApp or Drop Ticket℠ application submissions for Advantage Elite Select term policies $1.5 million and below starting May 2, 2022. This will ensure that your applications are submitted in good order without the back and forth, so your clients get insured fast and you get the service you deserve. Applicants using our digital applications expressed a 41% higher satisfaction rate compared to the traditional paper application submission. And when paired with our digital Part 2 and WriteFit Underwriting™ your clients can expect a fast underwriting offer. Read more.
Effective May 2, 2022, we will no longer offer the Critical Illness product in the state of Virginia. The Cancer Insurance and Heart Attack & Stroke Insurance products will still be available. Critical Illness applications in Virginia must be signed by the client on or before May 2, 2022 and received in the home office no later than May 6, 2022. Any applications signed after May 2, 2022 (regardless of date received) or applications received after May 6, 2022 (regardless of signed date) will not be accepted. We will not make any exceptions to these dates.
- Pending Critical Illness applications will be processed as applied for. All pending applications older than 60 days are no longer considered valid and a new application will be required.
Lincoln’s COVID‐19 temporary underwriting guidelines have been revised with modifications to the postponement period updates for individuals who test positive for COVID-19 and the validity period has been extended for the “Good Health Statement and Insurability Supplement. Read more.
New SummitLife Indexed Universal Life (IUL) Gives Your Clients More.
- Diversification – New custom index, US Pacesetter, complementing the Balanced Trend Index
- Opportunity – Expanded product marketability with juvenile availability allowing for family sales
- Protection – New Overloan Protection Rider that may activate as early as age 65