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BudgetLife Develops New Application Process

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NU Online News Service, Aug. 12, 2003, 10:23 a.m. EDT – BudgetLife, Canton, Mich., a Web-based life insurance quote service, has developed a new application process, the Fast Application and Transfer process.

The “BeFAST” process uses direct interfaces to insurance company databases to speed life insurance delivery to consumers, BudgetLife says.

Participating life insurance companies provide call centers to obtain health histories and complete the applications, BudgetLife says.

BudgetLife is a unit of Interlinx L.L.C., Canton.