This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lincoln Financial Group Enhances Electronic Business Options For Life Insurance Policies

RADNOR, Pa., Aug. 6, 2013 /PRNewswire/ -- Lincoln Financial Group today announced a new e-ticket system for its hybrid life insurance policies, and an e-delivery "Try-it" promotion for its life insurance and hybrid life insurance policies. Both enhancements provide streamlined transaction capabilities and more efficiency that help producers process business faster and easier.

The enhancements further expand Lincoln's e-business capabilities, which also include the recently launched iPipeline ® iGO ® e-App. The iGO ® e-App enables financial professionals to complete and submit Lincoln Universal Life (UL), Survivorship UL and Term life insurance applications to Lincoln electronically, and helps to ensure that submissions are accurate and "in good order" for improved efficiency and productivity.

"Lincoln is always looking for ways to ensure the sale and purchase of an insurance policy is a positive experience for financial professionals and their clients," said Nathan Brown, vice president, Technology Solutions and Project Management, Underwriting and New Business, Lincoln Financial Group. "Lincoln's long-term strategy is to continue investing in a comprehensive electronic strategy to further streamline the process from submission to issue. Electronic alternatives have the potential to transform the traditional paper-based life insurance sales model, with cost and time savings, as well as competitive advantages."  

Lincoln's new e-ticket solution for hybrid life insurance policies leverages AFFIRM technology from Aplifi, a leading technology and service provider to the life and annuity industry. The e-ticket solution is designed to shorten the application process, which helps producers reduce the potential of lost sales. In addition, the solution helps ensure "in good order" case processing, enabling Lincoln to process applications quickly and efficiently with less follow up, giving producers more time to focus on further growing their businesses.

AFFIRM automatically generates all required state and product forms, allows for a flexible workflow to support customer-specific processes, and provides advisors with the ability to quickly upload their illustrations. In addition, it validates an agent's license and appointment with Lincoln, provides status updates, and allows clients to provide e-signatures.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs