How to Run a Term Quote in Less Than 3 Minutes!
Sometimes you need a term quote in a hurry, or it’s the weekend and you know you cannot reach anyone in our office. It is surprisingly easy to run term quotes from our website and can take less than 3 minutes! You can even take the process further by using the online “Drop Ticket” application, which I will show you as well.
To speed up the process make sure you are already registered on our website. That only takes moments as well, but we do recommend you do it ahead of time because there are some connections we make on our end to have everything on our site working correctly. Let’s get started.
Go to www.bbalife.com and sign in.
Click on the “Quotes” tab, then “Drop Ticket” term
From here you will enter the:
- State
- Date of Birth
- Gender
- Tobacco use
- Rate Class
- Product type
- Face amount
Then hit quote
What you will see is this:
The term rates are listed by carrier with an annual and monthly premium. They are sorted by monthly cost. The product name is included as well. The carriers that have an electronic drop ticket are at the top. Those that are not yet on this quoting tool with an electronic drop ticket are in gray at the bottom. Several of these do have drop tickets available and you can use the BBA EZLife for them.
Say your client likes the rates and says “Great, what’s next?” You simply click on the “Application” button at the far right of the quote and you’re on your way!
By the way, I did time myself running a quote and it actually took only 38.8 seconds!!
For a full video on how to use the term quoting tool and the drop tickets, simply click the links below.
Selling term life insurance has never been easier! Talk with your clients about protecting the ones they love and show them the rates for giving them that protection. You and they will be happy you did!