Current Carrier® Life

Get electronic access to life insurance data collected throughout the policy lifecycle

LexisNexis® Current Carrier® Life is an industry exclusive database program that helps carriers better understand existing life coverage, lapse history and more so you can more accurately define risk profiles of proposed insureds, and detect material misrepresentation or potential fraud at time of application.

Benefits

To help you make stronger, more confident decisions, LexisNexis® Current Carrier® Life gives you unprecedented, electronic access to life insurance data collected throughout the entire policy lifecycle, beginning with application and policy issue to post-issue activity and claim data, to give you the clearest possible picture of proposed insureds.

Make informed decisions that minimize risk and fraud

Use the database to get immediate, independent confirmation of existing or prior individual life insurance coverage on proposed insureds, see their lapse history and more

Issue policies faster to minimize drop-outs

Access specialized tools that help you pre-fill applications and minimize investigative timeframes to reduce delays and the likelihood that applicants will drop out of the process

Efficiently monitor active policies for compliance issues and deceased insureds

Leverage a solution feature that scans contributed data after policy issue, and automatically notifies you of changes that might point to material misrepresentations on the policy application. Plus, receive automated alerts that help you identify deceased insureds and comply with Unclaimed Property compliance standards.

Protect your customers and your business with secure solution access

Access to the database is restricted to participating insurance companies and their authorized affiliates, plus the solution complies with the federal Fair Credit Reporting Act (FCRA).

Get it now: For more information about LexisNexis® Current Carrier® Life, call 800.869.0751

Features
  • Get fast access to policy data across the lifecycle from contributing members:
    • Policy history
    • Proof of persistency
    • Policy lapse information
    • Applications written but not issued
    • Information on beneficiaries and owners
    • Type of policies
    • Term of policies
    • Face amount of policies
    • Agent information
  • Access specialized data prefill technology and workflow automation
  • Refer consumers to the LexisNexis Consumer Center in adverse action cases
  • Use LexisNexis® PolicyWatch feature to scan contributed data for potential misrepresentation, fraud and STOLI, OFAC and PATRIOT Act compliance
  • Solution is FCRA-compliant and access is secure—restricted to participating insurance companies and their authorized affiliates

Get it now: For more information about LexisNexis® Current Carrier® Life, call 800.869.0751

More Information

Literature

  1. LexisNexis® Current Carrier® Life

Get it now: For more information about the LexisNexis® Current Carrier® Life solutions, please call 800.869.0751 or email life.solutions@lexisnexis.com

Contact Us

For more information about our solutions call 800.869.0751 or contact us online

C.L.U.E. and Current Carrier are consumer reporting agency products provided by LexisNexis Risk Solutions and are fully compliant with the Fair Credit Reporting Act, 15 U.S.C. 1681, et seq. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified. C.L.U.E, and Current Carrier are registered trademarks of LexisNexis Risk Solutions Inc. LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Copyright © 2013 LexisNexis. All rights reserved. Due to the nature of the origin of public record information, the public records and commercially available data sources used in reports may contain errors. Source data is sometimes reported or entered inaccurately, processed poorly or incorrectly, and is generally not free from defect. This product or service aggregates and reports data, as provided by the public records and commercially available data sources, and is not the source of the data, nor is it a comprehensive compilation of the data. Before relying on any data, it should be independently verified.

X

Did you know?

LexisNexis has more than 20 years of experience developing successful contributory databases, two of which are exclusive to the Insurance Industry: LexisNexis® Current Carrier® Life and LexisNexis® Comprehensive Loss Underwriting Exchange (C.L.U.E®).