Assumption Life | Update on Paper Applications

Recently Assumption Life announced the termination of all our paper based life insurance product offerings. Our mandate is to be the leader in electronically submitted applications and provide our distribution with quick issue quick pay products and the highest level of service.

As a result of this streamlining we received a high volume of paper based applications.  This has caused delays in processing these applications. We are making every effort to process this business as efficiently as possible.

In order to do this, we need your help in managing your brokers’ inquiries. We are receiving a lot of phone calls and emails from them looking for a status update on these applications. Unfortunately, this prevents our underwriters from focusing on underwriting the applications.

Also, in order to get current in underwriting the paper based applications we will not be accepting any preliminary underwriting inquiries until further notice.  Remember, Golden Protection is always an option for your hard to insure cases for applicants ages 40-85 and often more affordable than rated cases.

The good news is that we are up to date with all online products submitted and we will continue to ensure that this is maintained.

Should you have questions or concerns, please contact your Assumption Life marketing representative.

We thank you for your cooperation and understanding.