 | The life insurance application process can be lengthy and arduous for all involved: the applicant, the agent, and the insurer. Missing and incorrect data can wreak havoc on the process, wasting valuable time and resources. Yet solutions are available that can help significantly improve the application process by verifying applicant identities and populating essential fields for the carrier. Download this case study to discover how insurers can:
LexisNexis® InstantID® and LexisNexis® Life Data Prefill are not provided by “consumer reporting agencies,” as that term is defined in the Fair Credit Reporting Act (15 U.S.C. § 1681, et seq.) (“FCRA”) and do not constitute “consumer reports,” as that term is defined in the FCRA. Accordingly, LexisNexis® InstantID® and LexisNexis® Life Data Prefill may not be used in whole or in part as a factor in determining eligibility for credit, insurance, employment or for any other eligibility purpose that would qualify it as a consumer report under the FCRA. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified. LexisNexis and the Knowledge Burst logo are registered trademarks of RELX Inc. Other products and services may be trademarks or registered trademarks of their respective companies. Copyright © 2022 LexisNexis Risk Solutions. NXR15349-00-0222-EN-US Request Free! |
