Accelerate life insurance sales with digital precision
Paper-based applications and fragmented submission processes hinder insurance sales success. Agents and carriers face challenges like manual data entry, incomplete applications, and long processing times, frustrating clients and delaying policy issuance. With increasing demands for faster service and complex compliance requirements, an efficient, accurate application solution is essential for growth.
Submitting life insurance applications can be challenging with varying carrier requirements, ensuring accuracy, and managing rework. Reducing NIGOs, integrating data from multiple systems, and staying compliant are ongoing hurdles, especially as digital expectations rise and products grow more complex. Faster, more accurate application processing is essential to meet client needs and maintain compliance.
LifeSpeed is a digital platform designed to streamline life insurance applications by replacing paper-based processes with efficient straight-through processing. It supports multiple carriers and application types, ensuring applications are complete, accurate, and compliant before submission. LifeSpeed’s data importing capabilities reduce manual entry, enhancing efficiency.
Applications are checked against carrier rules, ensuring completeness and accuracy before submission
Imports data from WinFlex, CRM systems, and illustration tools to prefill information and reduce errors
Supports eApp, online applications, and drop ticket capabilities for maximum flexibility
Includes built-in electronic signature capabilities supporting multiple vendors including DocuSign and OneSpan
Connects with multiple carriers through standardized electronic formats, streamlining the application process
Features built-in error correction and re-work functionalities to maintain applications in good order
Connect with our team to see how LifeSpeed can accelerate your sales while ensuring accuracy and compliance.