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How often is Vital Term updated?
How are the rates maintained in VitalTerm?
Can VitalTerm be added to my website?
How many companies/products does VitalTerm
illustrate?
Can you add any company to VitalTerm?
How is a company added to VitalTerm?
Email us with more questions.
VitalTerm is updated on a weekly basis.
When VitalTerm is updated and a new version is released, the carriers being
added to or supported within VitalTerm are supplied with a "Carrier TEST
Version" of VitalTerm. At this time a reminder is also sent out that if there
are product changes or new products being added to their term portfolio to
submit them to be included in the next release of VitalTerm.
When VitalTerm is supplied with new rates for an existing product, the rates are
entered, tested and released. When a new product is added to VitalTerm, the
rates are entered, tested, submitted to the carrier to review and released upon
approval. The carrier must give approval before a new product can be released.
Although carriers review their products on a regular basis, twice yearly,
VitalTerm requires that all carriers supported within VitalTerm review and sign
off on their term products. If their products cannot be verified or consent is
not given, VitalTerm will no longer illustrate their term rates
VitalTerm Web is available for direct-to-consumer use or for brokerages
providing agent support. Find out more.
VitalTerm currently supports about 75 carriers and 500 products.
View a list of carriers available in VitalTerm.
VitalTerm adds companies based on our users requests only. If you would
like a carrier to be added to VitalTerm please supply a VitalTerm client
services member with the Carrier name, home office contact name (product
support or marketing works best), contact's telephone number, your name and
your telephone number. We will contact the Carrier indicating that their term
products have been requested to be added in VitalTerm.
VitalTerm Carrier Policy
When a company is requested, a VitalTerm client services member will
contact the home office contact and send them a copy of VitalTerm and a Carrier
Kit, which includes requirements for their products to be added to VitalTerm.
If the company is willing to participate in VitalTerm and provides us with
their rates and necessary information, we will add their term products into our
system. Before the products are released, VitalTerm conducts a series of tests
verifying the rates and product information. After they have been tested and
reviewed by VitalTerm they are sent to the Carrier to review, submit to their
compliance department and when written approval is given, their products will
be released in the following update of VitalTerm. For additional information
please review the
VitalTerm Carrier Policy.
Please
email us if you have any additional questions.
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