December 2017 Carrier Updates

Last Updated: December 18

Banner

  • APPcelerate is an expedited underwriting process with no paramed exam. Depending on age/face amount, all term cases will be considered for APPcelerate, which is an expedited underwriting process where no paramed exam is required. If the client qualifies, the application will follow one of two paths: (1) Immediate approval in as little as 24 hours that proceeds to issue, or (2) Underwriter determines that additional requirements are necessary and will go through full underwriting. A few of the Banner APPcelerate Underwriting advantages include:
    • No client checklist or pre-screening required.
    • Same great OPTerm pricing. No additional policy fee.
    • Better client experience. No medical exams, labs or APSs.
    • Qualifying applicants can be approved by the next business day, or even faster!
    • One inch automatically added to client’s height to potentially boost the rate class.
    • Full commissions and quicker processing mean getting paid faster.
    • With eDelivery, policy activation could take place same day.

Need help with any of Banner's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

Prudential

  • ECG requirement - eliminated for ages 41 and up for face amounts up to $9,999,999. In those instances when the Insurance Risk Profile is ordered, the lab companies will run the NT-ProBNP test instead. This test will be run on exam/IRP orders completed on or after 12/11/17.

Need help with any of Prudential's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

Securian

  • Securian to Discontinue Paper Compensation Statements. This month, you will begin receiving email notifications when a new statement is available. This email will contain a link to access your statement through our advisor website. Securian will no longer mail paper copies of your compensation statements for compensation earned beginning January 2, 2018.

Need help with any of Securian's products?
Call us at 1-800-823-4852 or click here to email our Brokerage Sales Support team.

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