You are here:HomeNews CenterNews About PIA2006Starting Today, PIA Members Across America Have a Whole New Way of Quoting Term Life

Starting Today, PIA Members Across America Have a Whole New Way of Quoting Term Life

The old way meant multiple paper copies and tracking down insurance rates carrier by carrier. The new way - for PIA members at least...
July 31, 2006

Insurance On-line Network (ION) Now Available Nationally

Providing clients with quality term life choices just got a whole lot easier.

The old way meant multiple paper copies and tracking down insurance rates carrier by carrier.

The new way - for PIA members at least - is an easy-to-use, on-line, life insurance, multi-carrier quoting system.

This web-based alternative represents term products from multiple carriers and offers agents the opportunity to fill out a short "request for application" form on-line, thus initiating the application process.

What is ION?

Life Alliance LLC, a joint venture between subsidiaries of The Hartford and Protective Life, developed ION, the Insurance On-line Network. ION makes it easier and quicker for producers to provide clients with quotes on term life insurance from multiple carriers, from the convenience of their own desktops.

With just a few key strokes, life licensed agents can obtain quotes on 10 - 15 - 20- and 30-year level term life policies with face amounts starting at $100,000 from The Hartford, Protective Life and Transamerica Occidental Life in an easy-to-read comparative format.

Easy as 1-2-3!

Once in ION, all you need is basic client information, such as name, date of birth, gender, issue state, rate classification (nicotine or non-nicotine user) and payment mode in order to obtain a quote.  All three carriers will be displayed on the screen with up to three different risk classifications. From this same page you can also access carrier information as well as product information for each carrier.

Once you and your client select a quote from a participating carrier, and you have been appointed by that carrier, you can electronically submit the request for application to that carrier.  There are no medical questions asked at time of quote, this is all handled through the tele-interviewer at a time that is convenient for the client.

Maximize Your Revenue

One of the many unique benefits of ION is that you deal directly with the underwriting carrier and not through a middleman.  This will help increase your agency's commission revenue and help reduce the time that it takes to get from request for application to commission payment.

ION is a game-changing platform: the power of choice has been placed in the hands of the producer, just a single click away.

ION is a free service available to you as a valued PIA member. ION is now available to PIA members in all 50 states and the District of Columbia.

"PIA is pleased to make the ION website platform available to our members through the PIA Main Street Store portion of the PIA National website.  ION will help make it easier for you to serve your clients' life insurance needs," said Len Brevik, chief executive officer for the PIA.  "ION is extremely easy to use and provides term life insurance quotes from three quality carriers with just a few keystrokes.  Life insurance is an increasingly important component of the coverage that PIA agents offer and this is a great opportunity."

Learn More/Get Started

Visit the ION web page here on PIA National's web site to learn more and enter ION.

The Hartford is The Hartford Financial Services Group, Inc, and its subsidiaries, including the issuing companies of Hartford Life Insurance Company and Hartford Life and Annuity Insurance Company.

Protective Life Insurance Company  (PLICO) is a subsidiary of Protective Life Corporation, which is separate company and is not responsible for the financial condition or contractual obligations of PLICO.

Transamerica Occidental Life is Transamerica Occidental Life Insurance Company, Cedar Rapids, IA 52499.

Filed under: