As a MUTUAL we provide financial security DIFFERENTLY by focusing exclusively on our CLIENTS
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Equitable Service Standards as of June 17, 2024

 

Service

Current Service Standard

Posted Service Standard

New Business
   
EZcomplete application received to entry Same day 2 business days
Paper application received to entry 2 business days 3 business days
Time from decision to policy issue - EZcomplete Application 2 business days 2 business days
Time from decision to policy issue - Paper Application business days 2 business days
Underwriting
   
Average days between requirement received and reviewed by UW 10 business days 2 business days
Inforce Business
   
Policy Updates (assignments, bankruptcies, policy values, subcopy contracts ) business day 4 business days
Name and Beneficiary Changes 1 business day 4 business days
Ownership Changes  1 business day 4 business days
Reallocation of Funds 1 business day 2 business days
Loans/Withdrawals 1 business day 4 business days
Banking Requests/Changes business days 3 business days
Policy Terminations/Internal Replacements business days 4 business days
Policy Reinstatements 1 business day 4 business days
Inforce Illustration Quotes business day 4 business days
Policy Changes business days 4 business days
Conversions 1 business day 2 business days
Change Inquiries business days 2 business days
Policy Changes (approved by Underwriting) business day 3 business days
Contracting
   
Contracting applications business days 2 business days
Advisor updates business days 2 business days
Claims
   
Inquires 5 business days 2 business days
Claim processing 20 business days 2 business days
Customer Service
   
Call wait time 3 minutes 30 seconds
Email response time 3.5 days 2 business days