Coming soon! A better application experience for juvenile life insureds
Submitted by Rica Zara on February 2, 2022 - 5:30pm
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|  | On February 10, 2022, we will be launching an improved application for juvenile life insureds (aged 0 to 17) to make the process shorter and increase the probability of auto approved1 applications when using the Fast & Full Life App. This enhancement is part of our commitment to increase the number of automated Underwriting decisions and improve policy issue times for life and health insurance applications. | | | Benefits of the new juvenile experience on Fast & Full include: 
| Saving time with up to 66% fewer questions to ask! | 
| Greater potential for auto approved1applications! | 
| Straight forward process in plain language for clients! | For details including the transition rules for in the mill applications and a full list of changes, please see the Information Circular. 
| | | Watch for additional info coming soon to your inbox including a new demo video on the juvenile experience for the Fast & Full Life App! | | | And don't forget...the BIGGER eBundle Bonus has been extended until March 31, 2022! Keep earning 15% or 20% more FYC2 until March 31, 2022, as compared to paper applications, by submitting new Life and Health insurance applications using the Fast & Full Life App when clients select the Electronic Health Questionnaire and the eContract Delivery options. Contracts are issued 5X FASTER3 on average; it’s more convenient and can earn even more bonus commission! 
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| | 1 Cases that are approved without a referral to underwriting. 2 The additional FYC qualifies for bonuses. Available on all life and health insurance products in contracts issued based on applications submitted using the Fast & Full Life App. This promotion can be withdrawn by Empire Life at any time. 3 Time to issue contracts based on Fast & Full Life Application that use eHQ, are “auto-approved”, eContract delivery is selected and owner(s) and life insured(s) validate email addresses when application is signed. Empire data on file from January 1 to 15, 2022. FOR ADVISOR USE ONLY - NOT FOR DISTRIBUTION TO THE PUBLIC. The information in this document is for general information purposes only and is subject to change without prior notice. Empire Life assumes no responsibility for any reliance made on or any inaccuracy in the information contained in this document. Policies are issued by The Empire Life Insurance Company. | |
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