New Electronic Applications
Due to increasing product demand with a growing need to streamline policy application processing and ensure continued exceptional and expeditious service, Petersen International is excited to announce the immediate implementation of two new online product applications for the Business Loan Failure to Survive (FTS) plan as well as the Accident Only Major Medical plan. These join and complement our other online applications for specialty medical and disability programs.
The Business Loan Failure to Survive (FTS) electronic application platform will permit individuals to apply for the insurance on an expedited basis for terms of insurance up to five years. The FTS program allows clients in need of insurance with a death benefit to close on business loans and satisfy lender requirements while in underwriting for domestic coverage or in case traditional insurance is not available or viable due to the presence of impaired risks.
The Accident Only Major Medical online application will allow individuals, families and groups to apply for the insurance within minutes, providing the ability to place coverage in force as soon as the following day with terms of insurance up to 12 months. The Accident Only Major Medical program provides U.S. residents with a healthcare solution when traditional medical insurance is not available or is not sufficient to their coverage needs. It is often utilized by those temporarily without health insurance, by film and television productions as well as by persons participating in physically hazardous activities like extreme sports, high school athletics and auto racing.
Please contact us at (800) 345-8816 for more information about our online application platforms and how to secure personalized links for your firm.