Legal & General America: Automated Underwriting Eligibility Expanded

AUTOMATED, SIMPLE SOLUTIONS

Legal & General America is committed to delivering simple, automated solutions to our BGA partners, brokers and customers, that save both time and money. Since the Spring 2016 launch of our automated underwriting solution, APPcelerate, we’ve been working hard to improve and expand the eligibility criteria. Face amount limits have been increased for APPcelerate eligibility requirements at certain ages:

OPTERM 15, 20, 25, 30 ELIGIBILITY – EXPANDED Issue Ages 20-40    Face Amounts $100,000 – $1 million Issue Ages 41-45    Face Amounts $100,000 – $750,000 Issue Ages 46-50    Face Amounts $100,000 – $500,000

OPTERM 10 ELIGIBILITY – UNCHANGED Issue Ages 20-50    Face Amounts $100,000 – $500,000

Eligible underwriting classes for all durations remain unchanged: Preferred Plus NT, Preferred NT, Standard Plus NT

Term riders are available for OPTerm 15, 20, 25 and 30, as long as the total face amount applied for does not exceed the eligibility requirements for APPcelerate. A 10-year term rider cannot exceed $500,000.

Visit our AppAssist microsite to learn more about our tele-application program, and find information about APPcelerate automated underwriting.

• No client checklist or pre-screening required.
• No changes to product pricing or policy fee.
• Better client experience. No medical exams, labs or APSs*.
• Qualifying applicants can be approved by the next business day or faster!
• One inch automatically added to client’s height to potentially boost the rate class.
• Full commissions and quicker processing mean getting paid faster.
• With eDelivery, policy activation could take place same-day.

• Submit your business through AppAssist. Have your brokers drop a ticket via the Partner Dashboard, e-Link, MobileSuite, agency management system vendors or paper form. APPcelerate is not available in Connecticut, Hawaii or Alaska.
• Keep in mind, clients who meet the program parameters are not automatically approved for lab-free underwriting. Many factors are taken into consideration during the interview, including scores from third-party data sources, as well as medical and personal histories. This information will determine whether we can approve an application through APPcelerate or process it via traditional underwriting.

CONSISTENT, COMPETITIVE PRICING

Unlike some other carriers, our automated underwriting offers the SAME SUPER COMPETITIVE TERM prices, no matter if your client is approved through APPcelerate or takes the traditional underwriting route.