Effective immediately all William Penn and Banner policies will be eDelivered. Please see below for exceptions.
Advantages of Going Green
- FAST → Cycle time is reduced by more than 2 weeks.
- MONEY → EFT commissions are processed within 24 hours of the policy activation.
- COMPLETE → Collect all documents necessary to place the case (including payment) in good order.
- 22% of eDelivered policies are signed within one day of receipt
- More than 125,000 policies have been signed electronically
- About 47% of new policies are eDelivered
- Go Green! eDelivery has saved over 6.6 million sheets of paper
Exceptions for eDelivery
- If the policy has a different owner or payor than the insured
- If it is a Reg 60 case
- If there is a check on the file so there is money in suspense, their system will not be able to generate an E-Policy.
- eDelivery authorizations may be requested for paper applications
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