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  • Foresters Financial Improves the Ease of Doing Business for Agents Selling Medically Underwritten Insurance Products

    December 11, 2018 by Foresters Financial

    TORONTO–(BUSINESS WIRE)–Foresters Financial™, a purpose-driven financial services provider, is pleased to announce an innovation that will allow our U.S. network of representatives to sell medically underwritten life insurance products faster and more efficiently.

    Starting immediately, all agents using our updated iPipeline iGO® e-App will now have the ability to sell medically underwritten life insurance policies in every state. This improved functionality will allow agents to accurately gather all required information for an application, including the medical questionnaire. Users of the new iPipeline iGO e-App will be able to sell our Advantage Plus Whole Life, SMART UL Universal Life, and Level Term insurance products.

    “Foresters is continuously exploring ways to make the sales experience easier for both the agent and member,” said Matt Berman, Chief Distribution Officer at Foresters North American Life Insurance and Annuity business unit. “We know the use of our e-App will make the application process for medically underwritten life insurance quicker and more efficient.”

    U.S. based Foresters agents can access the iPipeline iGO e-App via Foresters ezbiz portal, or from their producer portal.

    About Foresters Financial

    Foresters Financial is a purpose-driven financial services provider with more than three million clients and members in Canada, the United States and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities. Foresters Financial has assets of $17.7 billion, liabilities of $15.7 billion, total funds under management of $45.1 billion and a surplus of $2 billion (all figures in Canadian dollars as of December 31, 2017). For more information, visit foresters.com.

    Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.

    About iPipeline

    iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industry. Through our SaaS-based new business acquisition platform, we accelerate and simplify sales, compliance, operations and support. We provide process automation and seamless integration between every participant in the financial services industry including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers. Our innovative solutions enable automated processing for pre-sales, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, consumer delivery and self-service, and agency and firm management.

    iPipeline provides the process automation and seamless integration needed on a global basis to make a sale by aggregating more than 130 carriers, 1,300 distributors and financial institutions, and their agents and licensed advisors in a cloud-based environment. With headquarters in Exton, Pennsylvania, iPipeline has locations in Bromley (UK), Cheltenham (UK), Dallas, Fort Lauderdale, Huntersville, Ontario (CA), Philadelphia, Pleasanton, and Salt Lake City. Visit www.ipipeline.com.

    417030 US (12/18)

    Foresters products referenced and their riders may not be available or approved in all states and are subject to underwriting approval, limitations, contract terms and conditions, and state variations. Products underwritten by The Independent Order of Foresters.

    e-App is available through the iPipeline iGO e-App platform using Internet Explorer (desktop/laptop) or Safari (Apple iPad only) for Foresters non-medical and medical products (excluding Foresters PlanRight). Touch to Sign is available on Apple iPad only. Some e-App features are not available in NY.

    Contacts

    Greg Hubert
    Foresters Financial
    416-429-3000 Ext: 4044
    ghubert@foresters.com

    Originally Posted at Business Wire on December 10, 2018 by Foresters Financial.

    Categories: Industry Articles
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