Go Digital With AcceleRate
Go Digital With AcceleRate
SBLI offers a fast, convenient end-to-end digital process with real-time underwriting decisions.
Click on the steps below to find out how SBLI can be your solution.
AcceleRate
Our AcceleRate program is designed to provide a fast, seamless process for applications with a real-time decision for all cases. Outlined below is step-by-step guide to our process.
Click below to find out more:
Drop The Ticket
- Drop ticket overview – simply select product, risk class, and age and generate a quote. Get business done (and get paid) faster. Click here to find out more about the benefits of our drop ticket process.
- Drop a ticket through iPipeline IGO®, ApplicInt or IXN and then the Fulfillment Center takes over.¹
- Getting Started – click here for details on how to register and get set up with ApplicInt. If you use iPipeline, please check that SBLI is one of your selected carriers so a quote will be returned and a drop ticket option will be available.
Tele-Med Interview
Fulfillment Center Support
- The interviewer will contact your client and complete Part 1 and Part 2 by phone. The interview takes between 25-30 minutes for a prepared client.
Interview Preparation
- Preparation is key to ensuring the process goes faster and more smoothly.
- The client should be prepared to provide or discuss their medical history; symptoms and conditions; doctor, hospital, and medical facility visits; medications taken; employment and income; tobacco and alcohol use; hobbies/avocations; and beneficiaries.
- Click here to share our What to Expect and How to Prepare guidelines to help your client prepare for the call.
Archived Records
- Following the completion of the application, it will be submitted electronically to SBLI. In addition, copies of the completed form will be available on the vendor website for your records.
E-Sign Application
Tele-Med Interview Signature: Voice-Sign or DocuSign®
- At the end of the interview, a signature will be requested to confirm agreement on the answers provided, authorize access to your client’s personal data, and confirm e-delivery of the policy.
- Depending on the selected choice, the client has the option to voice-sign or DocuSign® the application.
Underwriting Review & REAL-TIME Decision
- Our automated underwriting process will evaluate the completed application, together with electronic data such as prescription history, MIB, MVR, and FCRA public information.
- The client will be told in real-time that they:
- Are approved: these cases instantly proceed to issue; or
- Need to schedule a lab/vitals exam, and the opportunity to schedule the time and date will be provided immediately; or
- Are referred to underwriting for additional consideration.
- Applications that do not qualify for accelerated underwriting will require a lab/vitals exam and when necessary, additional requirements such as an APS, may be requested.
Click here to review the SBLI Underwriting Guide for more detailed information.
Upsell Program (for Term only)
All cases will be eligible for consideration for our Upsell Program.
Underwriter Review
- The Underwriter will determine if the client qualifies for a greater coverage amount, without the need for any additional underwriting requirements, and:
- If eligible, determine the max coverage amount and initiate the Upsell letter;
- If not eligible, the case will proceed to issue at the applied-for amount.
Communicating the Upsell Offer
- If eligible, the owner will receive the Upsell coverage options, either by letter in the policy package or on My.SBLI.com for those who have opted-in for E-Policy Delivery (see E-Policy Delivery below).
- Your agency will be notified of the Upsell offer either by email or via a notification sent to the SBLI Agent website in the “Requirement” section.
Policy Issue
- If the owner selects one of the new coverage options and pays the premium, the policy will be re-issued.
- If there is no response within 5 days, from either the owner or the agency/agent, then the policy will be issued at the original face amount.
Click here for more information on our Upsell Program.
E-Policy Delivery
- If you are enrolled in our E-Policy Delivery program, and your client opts-in to e-delivery during the tele-med interview, no action is required by you.
- At issue, an e-mail notification is automatically sent to the client (including upsell options, if eligible) and any outstanding forms or amendments can be electronically signed and paid for.
- Proactive alert notifications on the application’s status are available to keep you updated. Make sure you have your alerts switched on
via www.sbliagent.com.
Click here for more information on our E-Policy Delivery program.
Case Management Tools
In addition, we also provide comprehensive online 24/7 case management support:
Online case status and communication via www.sbliagent.com