AFFIRM for Life is a wizard-based collaborative selling tool and processing solution designed to revolutionize the way you handle life insurance transactions. It enhances efficiency by enabling BGAs to effortlessly support life insurance selling for Broker-Dealers, streamlining the sales process. It ensures compliance and suitability requirements, supporting Broker-Dealer’s compliance and suitability requirements, ensuring that every policy meets the required standards for life insurance management. It provides access to a broad range of insurance products – including term life, universal life, whole life, variable life, long term care, and disability income. It includes built-in support for suitability reviews, compliance management, as well as your unique business processes, integral to a life insurance management system. It offers a standardization compliance approach for validation, surveillance, and supervision across all sales, essential for life insurance transactions. It provides self-service capability of orders, questions management, forms mapping, and workflows, enhancing life insurance processing. It uses a common data model across all carriers and distributors. It ensures compliance with customized workflows and suitability reviews to ensure SEC, FINRA, and state compliance, pivotal in life insurance management systems. It enhances compliance and efficiency by bridging Broker-Dealers and BGAs, streamlining life insurance tracking for enhanced compliance and efficiency for both. It offers robust integrations with Broker-Dealers and BGAs and third-party vendors.

Features:

• Enhanced Efficiency: Enables BGAs to effortlessly support life insurance selling for Broker-Dealers, streamlining the sales process and enhancing efficiencies in life insurance processing.
• Ensured Compliance & Suitability Requirements: Supports Broker-Dealer’s compliance and suitability requirements, ensuring that every policy meets the required standards for life insurance management.
• Access to Insurance Products: Provides access to a broad range of insurance products – including term life, universal life, whole life, variable life, long term care, and disability income.
• Built-In Support: Includes built-in support for suitability reviews, compliance management, as well as your unique business processes, integral to a life insurance management system.
• Standardization Compliance Approach: A standardization compliance approach for validation, surveillance, and supervision across all sales, essential for life insurance transactions.
• Self-Service Capability: Self-service capability of orders, questions management, forms mapping, and workflows, enhancing life insurance processing.
• Common Data Model: Common data model across all carriers and distributors.
• Ensured Compliance: Customized workflows and suitability reviews to ensure SEC, FINRA, and state compliance, pivotal in life insurance management systems.
• Enhanced Compliance & Efficiency: Bridges Broker-Dealers and BGAs, streamlining life insurance tracking for enhanced compliance and efficiency for both
• Extensive Integrations: Robust integrations with Broker-Dealers and BGAs and third-party vendors