Banner Life: Digital-Only Submissions Ahead

04-18-2024

Effective August 1, 2024, Banner Life will no longer accept the traditional Request for Life Insurance Form LAA1297.

Big changes are coming! Starting August 1, Banner Life will transition to digital-only submissions. This is a significant step in their journey toward a more efficient, paperless process, aligning with their commitment to sustainability and digital innovation.

What you need to know:

• Paperless policy: Banner Life will no longer accept paper versions of Form LAA1297. The form will be removed from Partner Dashboard and all third parties on May 15th.

• Applicability: This change is only for Banner Life business. William Penn will continue to accept paper Form LAA1297WP. The issue state is based on the owner's residence and determines the applicable form and process.

• Digital solutions: Embrace digital platforms like iPipeline or use our Partner Dashboard for submission.

Benefits for you:

• Faster turnaround times: Streamlined processing means quicker results.

• Reduced paper use: Join us in making a positive environmental impact.

• Ease of use: Accessible digital tools at your fingertips.

This is a great opportunity to submit your term applications through Vive, as Banner is among the participating carriers!

Please give us a call if you need assistance with using Vive, or if you have any questions about this transition.