Who can answer questions about Advanced Markets?
Questions regarding Advanced Markets should be directed to quotes@sfglife.com.
How do I submit a single premium policy?
All single premium policies should use 5% of the premium submit amount as the APV.
How do I submit annuity policies?
Single and flexible premium annuity policies should be submitted in Opt! as follows:
Total funds from the single premium lump sum paid into the policy by the client at issue is the annualized premium volume (APV).
The APV for Opt! submission is calculated at 5% of the total policy APV.
How do I submit Debt Free Life® applications and what is the APV I record?
Debt Free Life policies written with carriers Lafayette Life, Foresters, and Mutual Trust Life should be submitted in Opt! using the base policy amount and all riders. Do not include the premium associated with the paid-up additions (PUA) rider as this is a contributory amount and is not a required monthly premium to keep the policy in force.
Illustrations must be included in the application submission process!
If you are writing a whole life app with one of these carriers, you must include the illustration even if it is not a DFL application.
Please Note: Failure to include the illustration could prevent your app from inclusion on weekly leaderboards.
How do I submit indexed universal life policies?
Indexed universal life policies should be submitted in Opt! using the target premium of the policy. Excess funds are contributory and are not required monthly to keep the policy in force and should not be included in the APV. Including excess premium in your submitted APV will lower your net placed percentage as this amount is excluded from issued paid premium consideration. Please include the Illustration for the policy in the application submission for review.
Will DFL activity be visible in HQ?
Currently, all submitted business into Opt! is visible on HQ, and all issued placed business from the previous business month is visible on HQ.
How do I communicate with North American?
All communication with North American must be filtered through the New Business department. Corporate agents, send your questions and answers to newbusinss@quilitysales.com . Field sales agents, send your questions and answers to newbiz@quility.com.
How do I submit a Med Supp application into Opt?
The APV in Opt! is the initial premium. For the face amount enter $1.00.
How do I upload a group policy application into Opt?
For each group plan you sell, you will need to enter a total/combined APV for each product type within the plan, using the employer as the client. Please do not enter each individual employee’s information into Opt! Additionally, always enter in $1 as the face amount for each entry, as you cannot leave this blank in Opt! Please refer to the handbook for examples of this if you need further explanation on group policies.