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Debby -> RE: Consumer Awareness Site... your feedback, please? (4/18/2004 7:24:52)
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Thanks for the feedback. Criticism is always the most educational for me... thanks! I've noted your comments on logo and color scheme. I was sort of kidding about the sock-knocking (I hope you knew that). I probably couldn't knock a sock off a skinny-ankled centipede. [;)] But the most educational part of your message was how you misunderstood the prequalification process. I now realize our web site needs major improvement in communication. Please allow me to provide more background. You see, the "quote form" is not the prequalification process. Rather, the form is the consumer's request for us to initiate the prequalification process. The prequalification process consists of these general steps: (1) My husband (Steve is a licensed broker) contacts the candidate and obtains a detailed history, including: medical issues, lifestyle issues (such as hazardous hobbies or occupation), and so on. The initial request includes only broad indications of various issues, while prequalification requires great detail. (2) Steve prepares a portfolio of the candidate, to be later presented to selected underwriters. (3) Steve presents the profile to the underwriters, and heavily advocates on behalf of the candidate. This advocacy process can take weeks or months. (4) The underwriters respond with a prequalified rate. This prequalified rate is a promise to the consumer that a formal application will result in the same rate (unless there are "surprises," such as a medical exam exposes extra medical issues, for example, which happens on occassion). (5) The candidate is free to submit a formal application for the prequalified rate... or just walk away. We're unaware of any other brokerage that operates in this manner, making it very unique in the industry. The prequalification method is extremely consumer-awareness oriented, meaning Steve educates the consumer to avoid the common mistake of allowing brokers to "willy-nilly" submit formal applications (which damages the consumer's application history). Which brings me to the next point... our prequalification process is consumer-safe, in that even a rating or declination doesn't impact the consumer's application history (because the underwriter's promise is obtained without a formal application). We teach consumers not to allow their brokers to submit formal applications without a prequalified rate from the underwriter, first. Everybody wins... it's an extraordinary process that protects and educates the consumer, in ways that are "unheard of" in the life insurance industry. Now, I've got to clearly communicate all this to our web visitors! I've got a lot of work ahead of me. [8|]
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