Guest contributor Adrienne Wilson, FALU, ChFC, CLU, FLMI, ACS, is a senior underwriting consultant at Crump Life Insurance Services.
Field underwriting is one of the most critical things financial professionals can do to ensure the best underwriting outcome for clients. Field underwriting gathers all the pertinent information that may affect underwriting offers at the initial meetings between financial professionals and clients. More>>
Your client may be the picture of health, successful in business, and ready to buy a life insurance policy to protect their family’s wealth. But did you know that they smoke marijuana and enjoy skydiving? Not unless you ask them! Field underwriting at the outset of a potential transaction is the most critical stage in the process and determines success, failure, and pricing for your client. In this episode, Adrienne Wilson, Senior Underwriting Consultant at Crump, shares valuable insight on approaching sensitive topics for you and your clients upfront. More>>
Guest contributor Emily Bancroft, MS, ALMI, AIRC, ACS, ALU Certified Professional Underwriter, is a senior underwriter, at Crump Life Insurance Services.
We live in interesting times. Our collective vernaculars changed from living through the COVID-19 pandemic. Words such as “vaccine,” “immunity,” “booster,” and “antibodies” are now everyday terms, whereas a few years ago, these words were mentioned a few times a year.
No one truly knows how much longer we will be immersed in these strange times as it is a new reality. Still, as we strive to understand the world around us, it helps to recognize what immunity is and how our pre-existing conditions or chronic diseases impact that immunity. More>>
Part of being an adult is recognizing that you have a sense of responsibility toward others — especially your loved ones. If you were to pass away expectantly, you’d still want them to be cared for in your absence. That’s why you’ve thought ahead and decided to get life insurance. However, before you can check the “I’m insured” box, there’s a step in the process. And that’s underwriting — a process that many people applying for insurance don’t understand. That is, until now. Read on to learn about the basics of underwriting and how it can affect you. More>>
Guest contributor: Adrienne Wilson, FALU, ACS, FLMI, CLU, ChFC, is an underwriting consultant at Crump Life Insurance Services.
Our society’s ever-increasing emphasis on healthy living and longevity has rapidly sparked an interest in direct-to-consumer genetic testing kits such as 23andMe and Ancestry. Also, recent scientific breakthroughs have encouraged the use of genetic testing in the medical field, especially in the treatment of patients who may have an increased genetic predisposition to certain diseases.
While knowledge is power, and these new technologies may ultimately assist physicians in minimizing their patients’ future risk of developing certain ailments, there are also drawbacks to genetic testing that may not be readily apparent. More>>
Guest contributor: Chris Cook, serves as senior vice president and head of underwriting at Crump Life Insurance Services.
Today’s life insurance industry has products available that are inclusive of the needs of all consumers, including the 1.4 million adults in the U.S. who identify as transgender. Whether the need is for mortgage protection, estate planning, financial security for a spouse or children, or living benefits such as retirement income or long-term care, there are products designed to fit the specific need. Most important, with innovations such as accelerated underwriting programs, the process of obtaining coverage has never been easier. More>>
Underwriting, premiums, contestability period—terms like these can make insurance words seem like a foreign language.
Fortunately, a good insurance professional can help you make sense of it all. So can the definitions below. We explained them in recognition of Financial Literacy Month. Read on to understand some commonly misunderstood insurance words. More>>
