Carrier procedures & updates

Banner will no longer accept the traditional Request for Life Insurance Form LAA1297 (paper app), effective August 1, 2024.

Securian will require eApp or Drop Ticket application submissions for all Advantage Elite Select term policies of $1.5 million and below. (May 2, 2022).

John Hancock expanded face amounts – now available as low as $250,000 (previously $750,000). Note: any applications with a face amount of $749,999 or less should be submitted via the John Hancock flex complete process on iPipeline iGo.

Principal exited individual life insurance sales – only accepting applications for business related scenarios. (October 1, 2021).

Term conversion chart Contact your MVP representative for more information