Annuity New Business Process
As an independent insurance and financial professional contracted with Brokers International, Ltd., you have unlimited access to our Annuity New Business Team. Our goal is to assist you throughout the entire new business process. Here are a few resources you can use to help simplify the sales process.
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Annuity Product Search & Compare
With the increasing number of annuity options available to your clients, it can take a considerable amount of time to weigh them all. With our NEW Search & Compare Web tool, you can quickly and easily enter your clients’ annuity criteria to find options that fit your clients’ retirement strategies.
To begin your search, click here. After you’ve completed your search, you can request a quote for one or all the products that fit your clients’ situation with the push of a button.
Carrier-Approved Marketing Materials
Looking for materials to help assist in your annuity sale? You can download carrier-approved marketing materials from one central location. Click here to find:
- Carrier Alerts,
- Consumer Marketing Materials, and
- Educational Modules.
Annuity New Business Forms
Don’t waste time searching for current forms. Click here to access the most current annuity new business forms for your next case.
Using the search box, you can generate a single kit with the required forms you need. Plus, you’ll have the option to email, print, or download the forms to your computer.
For increased efficiency, you can contact Sales Support prior to writing your annuity application. We can help you complete a Suitability Pre-Screen for select carriers. Simply put, a Suitability Pre-screen allows us to send case specific information to the insurance carrier prior to submission to ensure they’ll accept the application.
Simply call Sales Support at 800.362.1097 to discuss your annuity case details and begin the suitability pre-screen.
After You Write Business
Pre-paid UPS Labels
When you’re ready to send in annuity new business, you can receive a prepaid UPS overnight label. Using the UPS label, you can overnight your annuity application(s) to our Annuity New Business Team for review. To request your label, simply click here to complete a short form or call Sales Support at 800.362.1097. You’ll receive an electronic UPS label via email within 4 business hours of your request.
Review and Suitability Process
Once we receive your new business application, we’ll review it for accuracy and completeness. In some cases, we’ll also verify that the application meets suitability requirements. Plus, a Suitability Pre-Screen will be completed for select carriers. Simply put, a Suitability Pre-screen allows us to send information to the insurance carrier prior to submission to help ensure they’ll accept the application.
After we’ve reviewed your annuity application, we’ll send it to the appropriate point person at the insurance carrier. Then, we’ll help follow it through the process until it’s issued.
This three step process can help you get business issued FASTER, which means your clients will receive their policy FASTER and you’ll get your commission FASTER.
Don’t hold annuity applications. Send your completed new business forms in ASAP.
Before you present an annuity product, make sure you are properly licensed in the issue state and have completed all CE requirements. Also make sure you have completed the necessary product training as defined by the insurance carrier.
Verify that you have the current product application. Check the carrier website or click here.
Make sure every question on the application has been answered.
Fax or email your completed annuity application to the Brokers International, Ltd. New Business Team for review. Click here to request your pre-paid UPS overnight label to submit the original application.
If you have questions, please contact our New Business Team:
1200 E. Main St, Panora, IA 50216 | P: 800.362.1097 | F: 641.755.4695 | ANB@BILTD.com