New Business and Policyholder Support
Mimi joined Sterling Resources, Ltd. in 2010 and works in all aspects of the underwriting process and policyholder services. She is also responsible for obtaining proper carrier appointments for our producers. Mimi works with our clients' attorneys, accountants and advisors, allowing our office to coordinate the execution and exchange of necessary supporting documents required to streamline the life insurance planning process. She entered the life insurance industry in 1988 working as a New Business Case Manager and was a liaison for agents and life underwriters for a major life insurance company for many years. Mimi holds a Bachelor of Arts in Mathematics from Boston University.
Underwriting Process: Includes preliminary forms, obtaining medical record history, coordinating examination times, providing insurance carriers entire underwriting files and negotiating the best offer for our client.
Servicing: Includes but is not limited too, changes to an in force policy/contract such as, loan/withdrawal transactions, dividend option, underwriting classification updates, address changes, death benefit options and owner/beneficiary changes. In addition, our office provides a detailed Summary of Policy Values, including in force illustrations reflecting current and reduced dividend and interest rate assumptions. Our office assists our traditional, registered variable clients and private placement clients by providing forms for the execution of their desired premium allocations, fund transfers and obtain performance histories. For our private placement clients only we assist in premium notification and help execute transfers of funds among their various planning entities.
In addition, we provide assistance with coordinating life insurance and annuity products with the necessary supporting documents: Examples, Irrevocable/Revocable Trusts, Split Dollar Agreements, Collateral Assignments, LLC's, and various administrative services.