Insurtech platform Policygenius continues speedy progress with launch of a brand new, handy life insurance coverage choice with no medical examination and suite of dwelling advantages

NEW YORK, April 6, 2022 /PRNewswire/ — Policygenius, the nation’s main tech-enabled platform for insurance coverage buying and achievement, introduced right this moment the brand new providing of an progressive life insurance coverage product from Foresters Monetary. The product, Foresters Your Time period, offers customers with a brand new option to entry life insurance coverage affordably, shortly, and conveniently, enabling an underwriting determination in lower than 24 hours for a lot of candidates.

With this newest addition to its market, Policygenius continues its speedy progress trajectory and expands its unique choices of accelerated underwriting life insurance coverage choices, which allow eligible clients to safe life insurance coverage with out a medical examination.

“Our mission is to simplify entry to monetary safety, and we have achieved that by means of our proprietary expertise and very good customer support,” Jennifer Fitzgerald, CEO and co-founder of Policygenius, mentioned. “We’re proud to increase our product shelf with this life insurance coverage providing from Foresters Monetary so we may also help extra individuals get the insurance coverage they want as conveniently as attainable.” The Policygenius platform options the widest collection of accelerated underwriting life insurance coverage out there, together with unique choices from Foresters Monetary and Brighthouse Monetary.”

Foresters Monetary is a world monetary companies supplier, providing life insurance coverage, retirement, and financial savings options that assist households obtain their long-term monetary objectives. Foresters Your Time period presents life insurance coverage safety for 10-, 15-, 20-, 25-, or 30-year phrases with protection quantities from $100,000 to $1 million, giving customers the flexibleness to search out the appropriate protection for his or her wants. With a streamlined, digital-first software course of, eligible clients can shortly and simply safe life insurance coverage protection with out a medical examination, in as little as every week. Insurability will depend on solutions to medical and different software questions and underwriting searches and evaluate.

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Foresters Monetary could have distinctive standing with Policygenius as it’s the solely fraternal life insurer represented on its platform. Foresters’ insureds are often known as members1 as a result of they be part of The Unbiased Order of Foresters with the acquisition of an insurance coverage coverage. Members take pleasure in varied advantages with a watch towards neighborhood well-being by means of the group’s earnings. Advantages embrace scholarships, neighborhood grants, on-line authorized companies, and a lately launched, state-of-the-art wellness engagement app, Foresters Go.

To use, customers go to the Policygenius web site to reply a couple of questions earlier than finishing their software by phone with a licensed Policygenius agent. This considerably accelerates the underwriting course of and allows customers to obtain a choice quicker than is usually attainable with conventional underwriting.

“We historically assist households by means of unbiased brokers, and we’re excited to affix Policygenius’ platform to assist these customers who would fairly purchase on-line,” Matt Berman, President of Foresters Monetary US, mentioned. “Too many individuals are underinsured in america. It is essential to have the ability to give them other ways to purchase life insurance coverage to allow them to shield themselves and their households.”

Since its founding in 2014, Policygenius has grown quickly to assist hundreds of thousands of individuals store for insurance coverage and promote greater than $160 billion in protection. No-exam life insurance coverage choices characteristic a quick and easy buy course of that does not require invasive testing. With right this moment’s launch of Foresters Your Time period, Policygenius is increasing entry to glorious accelerated underwriting life insurance coverage merchandise for all buyer demographics.

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About Policygenius:
Policygenius transforms the insurance coverage journey for right this moment’s client, offering a one-stop platform the place clients can evaluate choices from prime insurance coverage carriers, get unbiased skilled recommendation, purchase insurance policies, and handle their insurance coverage portfolio, in a single seamless, built-in expertise. Our proprietary expertise platform integrates with the main life, incapacity, and residential and auto insurance coverage carriers and delivers an distinctive digital expertise for each customers and insurance coverage carriers. Since 2014, our content material, digital instruments, and consultants have served as a useful resource for hundreds of thousands of individuals on their insurance coverage journey, and now we have offered greater than $160 billion in protection.

To obtain Policygenius bulletins, electronic mail [email protected]. Subscribe to the Straightforward Cash by Policygenius e-newsletter right here.

About Foresters Monetary
Foresters Monetary is redefining the life insurance coverage and particular person financial savings business throughout the US, Canada and UK by enriching the lives, communities, and total well-being of its members. Brokers and members alike recognize the turnkey-decisioned product choices and end-to-end digitized processes that make it simple to get life insurance coverage with out conventional medical exams. Devoted to its members’ well-being, Foresters presents a collection of member advantages and is redefining the traditional life insurance coverage mannequin, bringing improved monetary safety and total wellness to on a regular basis North American households. Foresters Monetary is the commerce title for The Unbiased Order of Foresters, the oldest non-denominational fraternal profit society. For 21 straight years, The Unbiased Order of Foresters has obtained an “A” (Glorious) ranking from AM Best2.

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For extra info:
Brooke Niemeyer
Affiliate Director of Media Relations, Policygenius
[email protected]

Kathryn Perrier
Senior Supervisor, Communications, Foresters Monetary
647-209-5129
[email protected]

Foresters Monetary, Foresters, Serving to Is Who We Are, Foresters Care, Foresters Go and the Foresters Go emblem are commerce names and/or emblems of The Unbiased Order of Foresters (a fraternal profit society, 789 Don Mills Street, Toronto, ON, Canada M3C 1T9) and its subsidiaries.

Foresters Your Time period: ICC16-TERM-ANB-US01 or TERM-ANB-XX01-2016;

1 Foresters members are insureds underneath a life or medical insurance certificates, or annuitants underneath an annuity certificates, issued by The Unbiased Order of Foresters, or social fraternal members. Foresters Monetary member advantages are non-contractual, topic to learn particular eligibility necessities, definitions and limitations and could also be modified or canceled with out discover or are not accessible.

2 The AM Greatest ranking assigned on Jul 29, 2021 displays the general power and claims-paying means of The Unbiased Order of Foresters (IOF) however doesn’t apply to the efficiency of any non-IOF issued merchandise. An “A” (Glorious) ranking is assigned to corporations which have a robust means to satisfy their ongoing obligations to policyholders and have, on steadiness, glorious steadiness sheet power, working efficiency and enterprise profile when in comparison with the requirements established by AM Greatest Firm . AM Greatest assigns scores from A++ to F, A++ and A+ being superior scores and A and A- being glorious scores. See ambest.com for our newest ranking.

SOURCE Policygenius

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