How Digital Life Insurance Tools Improve Producer-Carrier Relationships
- Find the right product at the right time
- Completing forms is much quicker
- Hassle-Free Underwriting
In your quest to place more life insurance cases and grow your business, it’s natural to hit a snag here and there.
Especially in the years that mountains of paperwork (done by hand) would hold up the policy-placement process for weeks. Or sometimes even longer.
But thanks to the development of digital tools – and the General Agencies that embrace them – things have gotten a whole lot easier, more convenient, and much quicker.
And that’s good for your relationship with your prospects, clients, and with carriers, too.
The life insurance producer-carrier relationship is vital. Not just for your business, but for the entire industry.
Let’s take a closer look at the ways digital life insurance tools have improved communications in this important relationship.
3 Reasons Life Insurance Producers Need to Embrace Digital Tools
1. Find the Right Product at the Right Time
Sifting through guides to find the perfect match for a prospect is time-consuming work. Much like anything you have to do manually.
It also doesn’t allow you the freedom to truly find the best product because it would simply take too much time to exhaust all the resources.
Digital tools swept in like a breath of fresh air for weary life insurance producers who wanted the best for prospects and clients but just couldn’t swing it.
Online search tools make it quick and easy to match a client up with the right product from the best carrier in a fraction of the time and expense.
The carrier wins, you win, and most importantly, your client wins.
2. Fast Form Fill-Out
Have you ever had to fill out a stack of forms that contain the same questions in different ways?
Redundant questions aren’t just frustrating for you as the life insurance producer. They’re also a headache for your clients. And it isn’t just the questions.
Once the forms have all been filled out, it’s time to hurry up and wait. The wait is usually interrupted by some back and forth between the life insurance producer, the prospective client, and the carrier.
Once again, digital tools come to the rescue. The process is much shorter, there aren’t annoying repeating questions, and everyone can sign quickly with an e-signature.
3. Hassle-Free Underwriting
If there's one area life insurance producers can do better in, it’s underwriting.
At least now the digital tools exist to make the process move more quickly with fewer questions, saving valuable time.
Sidenote: Even with the technology that’s available today, some producers still fail to get an adequate amount of information. (You can find out more about avoiding this issue here.)
Improve Carrier Relationships With Digital Tools
There are digital tools for each step in the life insurance sales process, from prospecting all the way through placing the case.
When you embrace technology, you’ll be able to better serve your clients and they’re more likely to have a good experience that may turn into them sending more business your way.
At Leisure Werden & Terry, we offer a full range of digital tools to make life easier for our life insurance producers and the clients they serve. Plus, we’ll train you on how to use them.
