Services Provided 0-90 Days
The New Business Team oversees all Life and Disability cases throughout the underwriting process. Our goal is to complete the New Business process within 90 days. The following responsibilities are handled by our team to ensure a smooth and efficient experience:
Initial Review of the Application
Application Data Entry (if needed)
In-house Database Tracking
Liaison Between Advisors, MassMutual Case Managers, and Underwriters
Case Follow-up
Underwriting Requirement Submission
Reissues
Release Policies for Advisor Delivery
Reporting
Delivery Requirements
Our team is dedicated to providing excellent service throughout the process, ensuring that all cases are handled promptly and efficiently.
Services Provided After 0-90 Days
Life and Disability Insurance Changes Overview
The following outlines the key life and disability insurance changes that are processed by the New Business Team:
Life Insurance Changes
In Force Conversions & Quotes
Smoker Changes
Rating Reviews (Table Ratings, Flat Extras, Exclusion Riders)
Increase to an Existing Policy
Decrease to an Existing Policy
Improve Risk Class
Change Death Benefit Options
Add / Remove Riders
Survey / Applications
Disability Insurance Changes
Occupational Class Change
Future Increase Options (FIO)
Disability Income Purchase Rider (DIPR)
Benefit Increase Rider (BIR)
Reconsideration of Exclusion and Substandard Ratings
Smoker Change
Decrease Benefit or Waiting Period
Increase Benefit or Waiting Period
Add / Cancel Riders
Reduce Monthly Benefit or Riders
Right to Apply (RTA)
This list outlines the different options and adjustments that can be made to both life and disability insurance policies, providing flexibility for clients to tailor their coverage as needed.