Illustration Life: 3 Years, 7 Months

June 6, 2018

The Standard’s Illustration Software launched in May of 2016. And all quotes you’ve run since then have remained in the system, unless you deleted them. But they won’t stay there forever. The Standard’s Illustration Software will remove new business and increase quotes from the system after three years and seven months.

Why three years and seven months? This will allow you to reference a client’s prior BIR quote when it’s time to exercise the option again.

The clock starts on the illustration’s creation date. For example, the system will remove illustrations created in May of 2016 in December of 2019. If you want to hold on to your illustrations longer, be sure to save them outside of the software, such as on your company’s server.

 

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Operations and Underwriting