After a successful pilot with SmartSign in the fall of 2011, we have decided to further utilize eSignatures for our most popular Application process.
Baltimore, MD (PRWEB) April 03, 2012
WAEPA, Worldwide Assurance for Employees of Public Agencies, a non-profit association that allows federal employees to save as much as 89% with WAEPA life insurance, is expanding their SmartSign eSignature application in correlation with the first rate decreases in over a decade; now enabling Applications for Membership & Life Insurance to be signed electronically in just minutes.
“With our first rate reduction in years, we anticipate a large volume of new and current members to begin the application process. After a successful pilot with SmartSign in the fall of 2011, we have decided to further utilize eSignatures for our most popular Application process to provide an easier and faster experience for applicants as they take advantage of WAEPA’s low rates,” said John Montague, Executive Director of WAEPA. “Working with eOriginal to streamline our application process online is one of several projects we have undertaken to further enhance our members’ experience; another includes the ability for members to make payments online.”
The new online application process will eliminate the need for applicants to print, wet-ink sign, and mail their documents. Simultaneously allowing for quicker processing of their membership and insurance applications. Using SmartSign Web in this workflow will allow government employees to take advantage of WAEPA’s lower life insurance rates by eSigning their Membership and Life Insurance applications directly on the WAEPA website in a single online session. Once members have completed filling out the online membership and insurance application and electing to sign electronically; eOriginal will assist in verifying their identity and SmartSign will operate within the WAEPA website, where the members can quickly review and sign their documents electronically.
“WAEPA is a great example of how easy it is to integrate and expand the use of electronic signatures within multiple business processes. We are seeing a greater need for organizations to create a secure and seamless user experience online” said John Jacobs, Director of Business Development at eOriginal. “We are pleased that the SmartSign solution will be used to help WAEPA provide a faster and more convenient online experience for federal employees.”
WAEPA, headquartered in Falls Church, VA, was formed in 1943 during World War II to provide life insurance coverage for civilian employees of the U.S. Government who were serving overseas. The original name, War Agencies Employees Protective Association, was changed in 1961 to Worldwide Assurance for Employees of Public Agencies. In addition to competitive rates, WAEPA members have received over $58,000,000 in premium refunds since 1996. WAEPA currently protects over 42,000 federal employees and their families with $8.8 billion of life insurance coverage. For more information, visit http://www.waepa.org. Phone: 1-800-368-3484, info(at)waepa(dot)org.
eOriginal has provided practical electronic signature and transaction management solutions that are tamper–resistant, auditable and legally enforceable for the past fifteen years. eOriginal SmartSign® enables businesses to streamline operations, significantly reduce costs, and enable compliance with eSignature and Industry regulatory requirements such as ESIGN, UETA and the applicable Uniform Commercial Code. eOriginal’s secure end-to-end solutions are available as On-premise, SaaS, or in the Cloud to eliminate costly paper-based processes and allow organizations to complete complex document-oriented transactions. eOriginal customers have processed over 40 million electronic signatures and protect billions of dollars of electronic financial assets within our secure trusted repository.