LexisNexis shifts life insurance underwriting into high gear

November 14, 2016 by Warren S. Hersch

Compliance isn’t the only pet peeve of agents and advisors. Another is underwriting.

The rating of a life insurance policy, which can make a purchase untenable for the client, is one source of annoyance. Potentially more aggravating is the wait time — the worst cases extend to weeks or months — in procuring physician statements or other health data needed to bind a policy application.

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Originally Posted at LifeHealthPro on November 14, 2016 by Warren S. Hersch.