Thursday, February 15, 2007
  GTL… Underwriting Process Has Changed... Faster!

GTL has made recent changes in underwriting to help speed up the process of getting your clients’ insurance needs issued.

  • Implemented the RX pharmacy report.
  • Average underwriting time is now 3-4 days for decision.
  • GTL will continue to order MIB reports upon app submission.
  • If there is an MIB or Rx hit, GTL will ask client to obtain medical records
  • Drawback is they are no longer paying for APS’s.
  • Client is required to obtain medical records from their doctor at their own expense.
  • On the upside, this has allowed GTL to underwrite more cost efficiently.

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Our first check for internet marketing was $56.00, and we got it on July 15th 1997. We then thought: "This is how insurance was meant to be sold." Since then Shannon, my brother, and I have created the new way to buy and sell insurance, all while helping our business partners, independent agents all over the world, provide virtual insurance policies to their clients. On this blog we will discuss the internet and how the insurance industry is changing, because of it.