We wanted to drop in give a little advice on a scenario we hear frequently from other insurance agents regarding signing Medicare Supplement applications when someone isn’t great with technology or just doesn’t have an email address.
For this situation, there’s a few companies that offer an alternative solution called “The Security Question” signature method.
The Security Question method allows the licensed agent to ask the client a security question, like “What’s your Mothers’ maiden name?” to which the client would then provide an answer and that answer is used as the signature method to sign the application.
Companies that offer this option in include United Healthcare, Aetna Supplemental, as well as a few others (for al full list, please contact us). Agents simply need to access the electronic application on the agent portal for each of these carriers, and at the end of the application, there will be an option to sign the application using the security question method.
This has been a huge help and allowed many licensed agents to complete the entire application online and over the phone without the clients having to do anything besides provide their information and answer the security question.
This signature method puts the power back into the your hands, and ensures the application is submitted properly to the insurance carrier.
I hope this has been a helpful tip, and stayed tuned for additional updates in the near future!
For a list of carriers offering this enrollment method, please call us today and speak with one of our dedicated marketing reps. 800-998-7715.
*“Not affiliated with the U. S. government or federal Medicare program.This website is designed to provide general information on Insurance products, including Annuities. It is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that PSMBrokerage, its affiliated companies, and their representatives and employees do not give legal or tax advice. Encourage your clients to consult their tax advisor or attorney.