North American COVID-19 Update: Enhancements to keep your business moving forward
- April 2, 2020
- Carrier News, Life Insurance
Effective immediately, any pending cases with an outstanding paramed exam that fall within the WriteAway process criteria are able to complete the Online Part 2 or tele-interview, instead of the paramed exam.
WriteAway criteria:
Ages 18 – 50: $1 million or less
Ages 51 – 60: $500,000 or less
While WriteAway is designed for clients of standard or better risk, the processes for the Online Part 2 or tele-interview can be utilized by all applicants within the age and face amount criteria. This includes clients that are potentially substandard risks. Underwriting will review on a case-by-case if labs will be required.
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Actions to take:
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Future applications:
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To read more about Electronic Delivery , Health Statements and more CLICK HERE to read the formal announcement.
- April 2, 2020
- Scott Karstens
- Carrier News, Life Insurance
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