NU Online News Service, July 28, 2004, 1:35 p.m. EDT
An insurance industry standards group says 41 states now accept its generic life insurance application form.[@@]
The Association for Cooperative Operations Research and Development, Pearl River, N.Y., developed the form, the ACORD Life Form Life Application Part 1, to give life insurers a standard form that they can use to collect the information that underwriters need to evaluate life insurance applicants.