eApps & eTickets JULY STUDY GROUP
Upcoming Calls Tech Talk Maintaining A Mac Machine Study Group August 7 at 10:00 AM CST Tech Talk Maintaining A Mac Machine July 26 at 10:30 AM CST Study Group Automated Underwriting August 14 at 2:00 PM CST
eApps vs eTickets eApp is a traditional long form, complete application submitted electronically eTicket is a 1-2 page electronic ticket to submit to the carrier or fulfillment center to allow them to complete the full application
How are they similar? Allows for apps to be in good order every time Increases efficiency Speeds up the sales cycle Can be completed 100% online Can be paired with accelerated / expedited underwriting processes
How are they different? Abbreviated App Wet Signature Required Paper Apps eApps eTickets
What do we look for?
What do we look for: Quoting options Products available Issue age limits Face amount limits Risk class limits and availability
What do we look for: Application Submission Paper application availability Electronic application availability Paper ticket availability Electronic ticket availability Ticket platforms Can we bind coverage?
What do we look for: Underwriting process Is accelerated / express underwriting available with eApps and/or eTickets? Is lab free underwriting an option? Who orders the paramed exam and APS? Telephone interview fulfillment
What do we look for: Policy delivery Electronic signature availability Does the policy go directly to the consumer? Payment options
Don’t forget about paper tickets!
FHC’s quick reference guide
Thank you for the time!