The Convenience of Getting It Right: How App-Solution Saves You Time and Ensures Accurate Life Applications
The Convenience of Getting It Right: How App-Solution Saves You Time and Ensures Accurate Life Applications
For agents and advisors, the application process to submit policies on behalf of their clients can be onerous. Familiarizing themselves with multiple different processes for different carriers, asking awkward medical questions, setting up medical exams, and ensuring that, in the end, all of the information is accurate is both time-consuming and tedious. This takes precious time away from acquiring new business and maintaining their relationships with existing clients. Specific Solutions, a Brokerage General Agency, recognizes the importance of getting the application process right the first time and respects the time it takes to do so. In response to the needs of the agents and advisors who work with them, they created App Solution as part of their suite of services to solve this problem.
App Solution: Fill out one form, and we handle the rest
As remarkable as the advancements of technology in our industry have been these last several years, one thing remains constant. Each carrier has a slightly different set of needs when it comes to the successful submission of an application.
First, there is the application itself, which may not be the same between carriers.
Second, we sometime require a phone interview in order to verify information.
Third, we have to handle HIPPA compliance and the scheduling of medical exams.
Fourth, there is the sign-off from the client
And Finally, there is submission and guidance through the underwriting process.
Specific Solutions wanted to create a process whereby the advisor and the client had the smoothest path toward policy placement. App-Solution achieves this in several ways.
Scheduling an interview is as easy as clicking a button
Specific Solutions lets the advisor and the client select a time for the phone interview on our website. Just pick a date and time on the calendar, fill out the pre-interview form, and you are all set. Specific Solutions sends the HIPPA sign-off document. Additionally, we send reminders to the client before the interview directly to the client. The interview itself takes between 15 and 30 minutes. During this time we verify information and collect other information that we may need to continue the application process on your behalf.
App Solution standardizes the initial form so that Advisors and their clients can quickly initiate the application process with basic information for any product
To use App Solution, Specific Solutions has created a standardized pre-interview form that collects only the information required to expedite the rest of the process. We utilize the phone interview to dive deeper into data collection with the client depending on the product they are interested in. When necessary, we order the medical exam on your behalf.
DocuSign helps speed up the process for all authorizations.
Once everything is completed, you and your client can digitally sign the application. Specific Solutions will have everything they need to submit the application on your behalf and guide it through the underwriting process.
Over 4 thousand people have used App Solution to improve submission outcomes and save time
Specific Solutions understands that agents’ and advisors’ time is best spent developing relationships, not slogging through an application process. See how we can help you get back to growing your business. Run your next app through App Solution and take back your time! Learn more on our website here.
