TULSA, Okla. — InsApps.com has added E-Application and E-Forms services.

E-Application is designed to simplify applications for securities brokers, banks, and other nontraditional sellers as well as for traditional agents.

By making the procedure less complex, “we dramatically increase the likelihood that nontraditional sources will fulfill the process,” InsApps.com chief executive officer Tom Robertson said in a news release.

Any licensed agent can use E-Application to initiate a life or annuity application for any U.S. client carrier. An underwriter calls the potential client, sets up a medical examination, obtains signatures, and requests information from the client’s physician. All steps are triggered within 24 hours of submission of the E-Application.

When all information is gathered, it is electronically forwarded to the carrier’s underwriters. On a “clean” case — one with no medical problems — the carrier should have within five days all the required information to make an underwriting decision.

InsApps can create a client carrier’s E-Application site in 30 days, the company said.

In addition, the E-Forms service allows carriers’ proprietary forms to be converted to electronic format. This lets agents or clients complete any form onscreen, which can then be printed locally or at a remote location for signatures or other procedures.

E-Forms are more or less identical to the hard-copy documents filed in each jurisdiction. Though many carriers make their forms available as image files, they usually have to be printed out by the agent and completed by hand.

The forms service is available in conjunction with the E-Application service.

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