Lincoln TermAccel® Updates: Now Launching July 25: Real-Time Offer for Life Insurance
| You’re receiving this email update from me this afternoon as a follow up to the 7/11 Lincoln Leader announcing the new launch date of Real-Time Offer: July 25. Please read on below and reach out to me, your dedicated sales contact for the TermAccel product, with any questions or concerns. Download the Real-Time Offer Flier using the link below until 8/4.
Now Launching July 25: Real-Time Offer for Life Insurance We are excited to announce the new launch date of Real-Time Offer: July 25, 2022. The decision to postpone until this date has allowed us to make final preparations for this exciting new capability, and ensure we are delivering the best possible experience for our financial professionals and clients. What is “Real-Time Offer” To improve turnaround times for life insurance ticket submissions, Real-Time Offer will immediately communicate an underwriting approval decision to clients that have been approved lab-free by our automated underwriting process. The client, writing agent and case contact will be notified of the approval upon completion of the online or phone interview. The approved underwriting offer may be ‘as applied for’ or ‘other than applied for.’ The underwriting rate class will only be provided to the agent and case contact. If labs or other information is needed, or if the case is declined, the agent and case contact will be notified through Lincoln’s standard pending case status process. What You Need to Know § Available for life insurance ticket submissions only: o Lincoln TermAccel® o LincXpress® submissions (single-life only): Lincoln LifeElements® Term, IUL, VUL* § Ages: 18-60 § Face Amounts: $2.5 million and less § Underwriting criteria: o Only available for cases assessed through the automated underwriting process o Client must be approved lab-free o Good Health Statement and Insurability Supplement is not required for cases approved via Real-Time Offer |
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