Q&A – Transition Rules for Asset Care

Question: What are the transition rules for Asset Care product launch in July?

Answer: The transition rules for Asset Care are as follows:

June 28, 2019

  • eApps must be locked (apps not yet signed but sent for signature)
  • Interview must be ordered with LTCG
  • Signed paper app must be received by Home Office by end of business

June 29, 2019

  • Sales Connection and iPipeline eApps and quoting updated
  • The new product is available for quoting and submission in the launch states
  • Underwriting interviews for the new product can be ordered with LTCG in launch states

July 1, 2019

  • Market launch in AL, AK, AR, CO, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NV, NH, NM, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VT, VA, WA, WV, WI, WY

July 12, 2019

  • Signed eApps previously locked and sent for signature for the current product must be received in Home Office by end of business