0 FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC. FOR PRODUCER USE ONLY - NOT FOR...
-
Upload
william-dolan -
Category
Documents
-
view
219 -
download
0
Transcript of 0 FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC. FOR PRODUCER USE ONLY - NOT FOR...
1FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
2FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
You asked, we answered
Life insurance distribution is changing Consumers expect fast and easy processing Our ultimate goal: A best-in-class solution
3FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.
Benefits
Simplifies the producer’s sale In most cases all the information needed will be collected up front, but in some
instances American General may need to request additional information Data entry requirements limited to those a licensed producer must collect Easy web tools accessible via single sign-on to eStation or through WinFlex, Vital
Term and agency websites without additional authentication
Improves issue time by reducing 1-4 days of processing Trained interviewers gather detailed Underwriting information required on Parts A & B Interviewers access examiners’ schedule real time ExamOne quality review before eSubmit ensures application is “In Good Order”
Producer focuses on relationship, sale and customer needs American General and ExamOne take care of the rest – at no cost to the agency
4FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
Selects product and rate class
Prepares client for teleinterview and exam
Accesses AG Quick Ticket
Enters data and eSigns
Checks status
Completes application packet
Schedules exam
Delivers application packet for signatures
QCs form then eSubmits
Submitted for underwriting decision
If approved, policy delivered
Producer Vendor New Business
Ticket Process Overview
5FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
■ AG Select-a-Term: 15 & 20 – 30 years
■ AG ROP Select-a-Term: 20 – 35 years
■ AG Secure Lifetime GUL: Fixed UL with Guarantees
■ Not currently available: US Life (NY) applications, replacements, separate owners/payers
■ Access AG Quick Ticket
■ Enter the client’s information
■ Explain the next steps to the client outlining the teleinterview and paramedical exam process
■ All required fields must be completed
■ Ticket submitted to vendor for fulfillment
■ Client contacted in 24 hours
■ If no contact is made, follow-up every 26 hours up to 7 days
■ Agency notified after 7 days if no contact is made
Licensed Agent determines right product & rate class for client
Agent enters client information on
AG Quick Ticket*
Ticket submitted electronically to
vendor
Vendor contacts client
Online Process
6FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
■ Application packet completed
■ Exam takes place at client’s home, place of business or at an ExamOne branch office.
■ Application packet provided to the client for review and signatures
■ Examiner performs exam
■ Application packet checked for completeness
■ Application packet images sent to American General
Telephoneinterview
Paramedicalexamscheduled
Examiner delivers forms for signatures
Scrubs forms and images to American General
Online Process, continued
7FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
eStation and LifeSpeed
8FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
Monitor Ticket Status
To monitor the status of a submitted ticket estation.americangeneral.com examone.com/agents-agencies Agency Management Systems receiving AG’s pending
status feeds
9FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.
Marketing Support
Video Support materials
Producer Guide User Functionality Guide Quick Reference Guide Client Prep Guide
10FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
Coming soon…
Look for these valuable enhancements in the second quarter of 2012 Addition of US Life (New York) applications Ability to send unsigned quote/illustration images to ExamOne
11FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
12FOR INTERNAL USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC.FOR PRODUCER USE ONLY - NOT FOR DISSEMINATION TO THE PUBLIC
Important Information
Policies issued by:American General Life Insurance Company (American General Life)2727-A Allen Parkway, Houston, TX 77019The United States Life Insurance Company in the City of New York (US Life)One World Financial Center, 200 Liberty Street, New York, NY 10281
AG Secure Lifetime GUL Policy Form Numbers 10460, ICC-10460, 10460N; AG Select-a-Term Policy Form Numbers 07007, ICC-07007, 09007N; AG ROP Select-a-Term Policy Form Numbers 10001 and 10001N. The underwriting risks, financial and contractual obligations and support functions associated with the products issued by American General Life or US Life are the issuing insurer’s responsibility. Guarantees are subject to the claims-paying ability of the issuing insurance company. US Life is authorized to conduct insurance business in New York. Policies and riders not available in all states. American General Life Companies, www.americangeneral.com, is the marketing name for a group of affiliated domestic life insurers, including American General Life and US Life.
©2012. All rights reserved.
AGLC105752 REV0512