Banner: Behind the Umbrella

Accelerated Underwriting is Here!!

News Image 05-27-2016

Banner now has APPcelerate, an automated underwriting system available through their AppAssist tele-application program that can speed qualified applicants through to approval with no medical exams, labs or APSs.

Approval time is sometimes just a few hours, but no longer than the next business day!

Program Parameters

  • Products: OPTerm 10, 15, 20, 25 and 30
  • Issue Ages: 20-50
  • Face Amounts: $100,000-$500,000
  • UW Classes: Preferred Plus NT, Preferred NT and Standard Plus NT

Key Benefits

  • No client checklist. No pre-screening.
  • No changes to product pricing or policy fee.
  • Better client experience. No medical exams, blood work 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.
  • When eDelivery is used, policy activation could take place same-day.

*if the client does not qualify for APPcelerate, the case will be fully underwritten.



BUA Sales
Phone: 800-792-6795