Online Application - Insurance Questions
Velocity’s Client Journey online application can now collect information about your client’s existing insurance coverage and whether it can be used as an asset.
Under the Client Experience settings on your Profile page you can choose to toggle the insurance questions:
During the income section of the online application, when the client is entering their employment information, they have the option to select whether they receive benefits from their employer:
On the deal page, their answer will reflect accordingly under their employment details:
Further into the application, your client will be given the option to add their life insurance as an asset and they can also just select to indicate that they have life insurance:
When they add Life Insurance as an Asset, it will appear with under Assets, Liabilities and Properties on your deal page.
The selection made for the question ‘Do you have Life Insurance’ reflects at the top of Insurance on the deal:
The selection reflected here is for your reference only, as a discussion point with your client. It is not transmitted or required information for when generating an MPP quote or form.