Penn Treaty Makes Sales of Long Term Care Insurance Easy with LTCi QuickPass Starts |
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Written by U.S. Insurance News
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Monday, 10 March 2008 |
Talk about a soft sell.
Penn Treaty's new LTCi QuickPassSM program is a new pre-application process that makes it very easy for agents to determine whether their clients qualify for long-term care insurance.
All producers need to do is have a client complete a one-page form, which the client can do from the comfort of home, even over the phone. If the client answers "no" to the five health questions on the form, the producer submits it to Penn Treaty.
After that, a nurse will contact the client to schedule an in-person interview and gather additional health information for the underwriting process. Those who qualify for long-term care insurance coverage will be given a proposal, which is guaranteed for 30 days, subject to financial suitability requirements.
"Producers can use the LTCi QuickPass method to submit all of their business to us," explained Derrick Brickhouse, vice president of Sales and Marketing for Penn Treaty, a subsidiary of Penn Treaty American Corporation. "It is also a great way to give clients an alternative insurer option at the point of sale, without having to complete a lengthy application."
Long-term care insurance is offered through Penn Treaty Network America Insurance Company and its affiliated companies, American Network Insurance Company and American Independent Network Insurance Company of New York.
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