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GBS News: Weekly Product and Underwriting Updates - Week of July 18, 2022

Published on July 21, 2022

 

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Learn how you can drastically reduce the number of days from submission to commission with John Hancock.

 

Register for this Webinar: Digital Paper Application Process

Legal & General has developed an alternative to their traditional paper life insurance application, giving your clients a better way to get the life insurance protection they need with the simple, fast, and personalized process they want.

After July 31, Legal & General will reject traditional paper LIA (ICC08-LIA and state variations except for NY). All applications must be submitted with either: 

  • The digital application through the Horizon platform or
  • The new LIA (ICC17-LIA and state variations for CA, DE, FL, ND, SD) — an alternative to the traditional paper LIA available in the forms section of their Partner Dashboard

Tuesday, July 26, 2022

11:00 a.m. PT / 2:00 p.m. ET

 

Life Underwriting Requirements: Quick Reference Guide

This new guide defines MassMutual's age and amount requirements and provides a detailed definition of both medical and financial requirements. 

 

THANK YOU

 

We at GBS Insurance thank you again for your business. For more information or insurance quote requests, please contact your brokerage manager or give us a call at (800) 473-5966

For agent use only - not for use with the general public.

Corporate License No. 0D87913

21820 Burbank Blvd., Suite 301

Woodland Hills, CA 91367

Phone: (800) 473-5966

GBS Insurance and Financial Services, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

© 2022 Arthur J. Gallagher & Co. 

 

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