IDENTIFYING UNDER-INSURED CLIENTS
Identifying Policy Owners that may be under-insured takes seconds using NIC's policy filters.
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From the left nav, click on the Life Policies link
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Using the Product filter, select one or multiple product lines (UL, TERM, IUL, VUL..)​​​
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Using the Policy Status filter, select the status of the policy (active)
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Using the Net Death Benefit Amount filter, select the range
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Using the Policy Effective Date filter, select the date range (e.g. policies written more than 5 years ago)
Under Insured Clients
Most people move forward over time and have increased responsibility, increased dependencies and many have increased liability.
Some of these clients quickly become under-insured.
NIC makes it quick and easy to segment your in force book to identify clients that may need additional insurance
CREATE LISTS OF POLICIES
Once the policies have been identified, you can create a list of all those policies.
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After you have identified your policies, select all policies by checking off the checkbox in the header line. (When the blue box appears, make sure you click on Select all xxx policies)
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Click on Add to list
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Enter your list name
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Click on Proceed
SHARING LISTS WITH YOUR AGENTS
Sharing a list with your Agents is secure as no confidential information is sent over the internet.
Each Agent receives an email notification that a list has been shared with them and is available to them, but they are required to log into NIC to see the list.
If the list contains policies for multiple Agents, each Agent will only see the policies assigned to them (where they are the writing or servicing Agent assigned to the policy by the Carrier).
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From the Lists page, click on the kebab menu under the Actions column (located at the far right) and click on Send to agents
A pop-up window will open.
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Select the Also send the agent an email notification box if you would like your Agents to receive an email alerting them about the list you are sharing with them
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Type in any message you would like to share with your Agents
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Click Send List
EMAIL NOTIFICATIONS
If you have selected the Also send the agent an email notification box in the pop-up window, your Agents will receive an auto-generated email from NIC.
The notification emails are only sent to Agents with email addresses on NIC.
The notification email will contain your name as the user sharing the list, and also a link to the Agent App so the Agent can click on it to get direct access to the Agent App Login page, where they can see the shared list.
NOTE:
LOG IN link appears for Agents already on NIC platform and will take the Agent to the NIC Advisor App login page.
JOIN US link appears for Agents who are not on NIC platform but are part of your list. If they wish to subscribe to the NIC Advisor App all they have to do is click on Join Us and complete the short onboarding process.
AGENT IN-APP NOTIFICATIONS
In addition to email notifications, NIC also generates
In-App Notifications for each Agent, along with your message.
AGENT SHARED POLICY LIST
Clicking on the notification (email or in app) will take the Agent directly to their list of impacted policies.
MANAGING THE UNDER-INSURED
Agents can leverage NIC to manage the list of Policy Owners.
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Agents can take a closer look at each policy on the list before contacting them to discuss their protection needs.
