LifeInsure.com Increases Speed of Life Insurance Application Process With Electronic Signature from DocuSign

We saw an interesting announcement from Intramark Insurance Services about their use of eSignature from DocuSign. We're excited to share their thoughts on how electronic signature can increase the speed of life insurance application process!

Shopping for life insurance has evolved from having a life insurance advisor at one's home or office with a rate book, to seeing an agent or several agents with printouts to being able to view the entire life insurance rates database on one's own computer through specialized life insurance sites like LifeInsure.com which lets one see the prices anonymously and instantly.

By allowing consumers to complete and eSign life insurance applications online, LifeInsure.com will dramatically reduce the time to process clients' applications. Intramark Insurance Services, Inc., owners of LifeInsure.com, have announced its selection of DocuSign, the leading provider of on-demand electronic signature solutions, as its eSignature vendor.

Richard Reich, President of Intramark Insurance Services, Inc, shares his thoughts about injecting electronic signature from DocuSign into the life insurance application process:

While the quoting process has evolved and has been automated for quite some time, the application process hasn't really kept up with this evolution. Consumers who shop online for everything from electronics to clothing are looking for a fast, hassle-free buying experience. While online life insurance quoting has been automated, the application process has not. By utilizing DocuSign for application completion and signature, the processing time can be reduced significantly. We're looking forward to the day the whole application process can be automated. When that occurs, we will have the best of both worlds - complete automation for those who select that option and for those who would prefer telephone contact with a licensed representative, that option will be available too.

By using DocuSign's electronic signature services to empower consumers who want to apply for life insurance online, LifeInsure.com will immediately reduce the life insurance application processing time. For more information about how eSignature from DocuSign can reduce your cycle time, deliver straight through processing and virtually eliminate NIGO rates - take a look at the Banner Life eSign case study or talk to a DocuSign representative today!