Crump / Allstate Educational Opportunities
Understanding the Tax Advantages of LTC and Linked Benefit Solutions
Please be on the look out for our weekly Crump emails or check back here for more opportunities to register!
New York Best Interest: Regulation 187 (Reg. 187)
Prior to submitting any application for a policy issued in New York, producers MUST complete all carrier-required training. Completion of the state specific RegEd training you've already completed through Allstate does not preclude you from having to complete a carrier's product specific training prior to submitting business.
While not required by Crump, the best interest documentation and fact-finding tools below have been created to help keep your NY business organized and help ensure you are meeting the guidelines set forth by NY Reg. 187.
Errors and Omissions (E&O)
Financial Specialists and Agency Owners in NY: prior to submission, we require a copy of your individual E&O policy. To ensure we have documentation of your E&O policy in your file, please add or update your Crump contracting profile by selecting Get Contracted within the Crump Transaction Center.
LSPs in NY: if an LSP is listed as a writing agent on an application, prior to submission, we require a current copy of the agency owner’s E&O policy AND a letter of proof of coverage from the E&O company clarifying an LSP is covered by the policy. If there are multiple LSPs covered, one letter with all their names is best.
Licensing and Contracting
Creating a User Profile in the Crump Contracting tool is very important to streamlining your Crump relationship. If you have not already done so, please log-in to the Allstate/Crump website and visit the Crump Transaction Center. From there, you will find the Contracting tool and below is a step by step guide toward getting this important step completed.
Carrier Resources for Life Insurance Awareness Month
Crump Carrier Sponsors always do a great job participating in LIAM. Check out their resources, ideas, and more.
Carrier and Product Availability in New York
Find more information and detailed product specifications by logging on to the Allstate/Crump website and navigating to the Product Solution Centers > Life Solution Center tab.
Click here for a complete listing of Allstate approved carriers for sale in the state of New York.
Non-Medical Term Life Insurance in New York
Foresters Your Term | Fixed period, level term life insurance with guaranteed premium and death benefit amounts.
Life Sales Illustration Support
The best way to receive a quote/illustration from our Crump Life Sales Team is to complete and email our Illustration Request Form to HBGSalesSupport@Crump.com. You may also reach out toll-free to 888-770-2155, Options 3, 2, 1 to speak with a member of our Life Sales Team. Upon receipt of a request, our life sales team is typically able to deliver quotes/illustrations to producers within 24 hours, and we work to have them arrive as soon as possible.
If you prefer to run your own universal life or whole life illustrations without our pre-sale support, registering for WinflexWeb will provide you access to the illustrative technology and dashboard to support this sales preference. Once registered for WinflexWeb, please allow up to 48 hours for a carrier to approve your access. Note: not all carriers are approving at this time.
For term life comparisons, our Quick Quote tool within the Crump Transaction Center will help you navigate and select solutions on a comparative basis – including innovative sales and underwriting filters to ensure outputs are meeting customer needs.