Submit life insurance applications using ACORD 103 XML standard

Steps

1. Obtain the ACORD Life and Annuity (LA) 103 New Business Submission specification from the ACORD member portal at acord.org; the ACORD 103 transaction is an XML-based standard for submitting proposed life insurance policy data from a distribution system to a carrier.
2. Construct the ACORD 103 XML document using the TXLife wrapper: populate TXLifeRequest with OLifE (the life object hierarchy), including Party (proposed insured, owner, beneficiary), Holding (policy structure), and Coverage (face amount, plan code, rider list) elements.
3. Map application question responses (including reflexive/knock-out questions) to the ACORD XML QuestionInfo elements; use the ACORD-standardized eLabels to tag each question for carrier interoperability.
4. POST the XML payload to the carrier's new business submission endpoint (each carrier implements its own endpoint; obtain the URL, auth method, and any carrier extensions from the carrier's implementation guide) with Content-Type: application/xml.
5. Parse the TXLifeResponse: check OLifE/TransResult/ResultCode for success (1) or error (4); extract the carrier's application reference number from ActivityStatus for tracking.
6. Monitor the application status by submitting periodic 228 (status inquiry) transactions or by subscribing to the carrier's status callback webhook until the application reaches an underwriting decision.