Term life insurance

Huize Partners with Guofu Life to Launch “Ding Hai Zhu No.3” - a Term Life Insurance Product for the Younger Generation

Retrieved on:

Tuesday, March 7, 2023

White paper, Death, Accident, Term life insurance, Male, Sudden death, Cancer, Insurance, Life insurance, Huize County

SHENZHEN, China, March 07, 2023 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has partnered with Guofu Life Insurance Co., Ltd. (“Guofu Life”) to launch “Ding Hai Zhu No.3”, a term life insurance product customized to meet the comprehensive protection needs of the younger generation.

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SHENZHEN, China, March 07, 2023 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it has partnered with Guofu Life Insurance Co., Ltd. (“Guofu Life”) to launch “Ding Hai Zhu No.3”, a term life insurance product customized to meet the comprehensive protection needs of the younger generation.
Mr. Cunjun Ma, Chairman and Chief Executive Officer of Huize, commented, “According to the China Population & Employment Statistical Yearbook 2021, 1.34 million people died between the ages of 20 and 59 in 2020.
Nonetheless, term life insurance accounts for only 0.66% of China’s insurance market, according to the Term Life Insurance White Paper (2021), highlighting the huge mortality protection gap facing Chinese households.
With China’s younger generation becoming increasingly aware of insurance needs, “Ding Hai Zhu No.3” is designed to help address that gap.

Insurtech Platform Asteya Introduces New Individual Disability Insurance Product

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Wednesday, November 9, 2022

Green card, GLOBE, COO, Disability, Fidelity, Policy, Entrepreneurship, Sickness, Term life insurance, AVP, Income, Health insurance, Insurance, Achourya

MIAMI, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Insurtech platform Asteya announces today its newest addition to the company's product offering, Sickness & Injury Individual Disability Income Insurance.

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MIAMI, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Insurtech platform Asteya announces today its newest addition to the company's product offering, Sickness & Injury Individual Disability Income Insurance.
The new Disability Income Insurance helps protect a percentage of an individual's source of income and provides a monthly benefit amount for a two or five-year period.
The Sickness and Injury Disability Income Insurance comes right on the heels of the Term Life Insurance launch, both of which seek to protect you and your family's tomorrow.
Asteya's Sickness & Injury Individual Disability Income Insurance policies are underwritten and issued by Fidelity Security Life Insurance Company, Kansas City, Mo, and administered by Risk Insurance and Reinsurance Solutions.

Branch Adds Term Life Insurance

Retrieved on:

Wednesday, October 26, 2022

COLUMBUS, Ohio, Oct. 26, 2022 /PRNewswire/ -- Branch®, a full-stack insurance company that uses data, technology, and automation to make home and auto insurance completely frictionless, announced today the launch of a Term Life Insurance product, underwritten by Assurity. This initial segue into Term Life Insurance will enhance Branch's product offering from coast-to-coast and comes on the heels of a $147 million Series C investment, which launched Branch into unicorn status.

Key Points:

Life insurance gives Branch another line to offer alongside home, auto, renters and umbrella insurance
COLUMBUS, Ohio, Oct. 26, 2022 /PRNewswire/ -- Branch , a full-stack insurance company that uses data, technology, and automation to make home and auto insurance completely frictionless, announced today the launch of a Term Life Insurance product, underwritten by Assurity .
With home and auto insurance now available across 33 states and counting, Branch believes that offering instant decision Life insurance will make it even easier to move a consumer's entire insurance account over to Branch.
By partnering with Assurity Life Insurance Company , which focuses on offering protection that is easy to understand and buy, Branch can now offer new and existing members Term Life Insurance with ease.
Branch is underwritten by the Branch Insurance Exchange, Everspan Insurance Company, and General Security National Insurance Company (GSNIC) and backed by SCOR.

Nuula adds Term Life Insurance feature, powered by Even Financial

Retrieved on:

Thursday, August 4, 2022

TORONTO, Aug. 4, 2022 /PRNewswire/ -- Nuula, a fintech company focused on providing small businesses the tools and the capital they need to succeed, today announced a new Term Life Insurance feature that provides small business owners and entrepreneurs with coverage options from a network of top carriers, powered by Even Financial ("Even"), a leading embedded finance marketplace platform, and independent subsidiary of MoneyLion Inc. ("MoneyLion") (NYSE: ML). Through the Nuula app, users will now be able to shop, compare and buy Term Life Insurance, with policies up to $5MM in coverage and terms of 10-40 years.

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Through the Nuula app, users will now be able to shop, compare and buy Term Life Insurance, with policies up to $5MM in coverage and terms of 10-40 years.
The policies in Nuula's new Term Life Insurance feature are generated and serviced by LeapLife, an insurtech platform and licensed life insurance agency, that is owned and operated by Even.
"Adding Term Life Insurance further expands the range of services we are delivering to meet the diverse needs of today's small business owner."
Launched in 2021, Nuula is a financial services and technology company focused on serving the small to medium-sized business community.

EIS Marks Year Anniversary of Life and Annuities Expansion with Two Leading Group Insurers Signed and New Products Released

Retrieved on:

Wednesday, February 9, 2022

Since announcing its life and annuities launch in February of 2021, EIS fast-track development methodology drove a rollout of new capabilities covering major product segments, including Group Universal Life, Group Whole Life, and Group Term Life.

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Since announcing its life and annuities launch in February of 2021, EIS fast-track development methodology drove a rollout of new capabilities covering major product segments, including Group Universal Life, Group Whole Life, and Group Term Life.
Tax Testing: Testing of policies in real-time to make sure they meet the definition of life insurance under regulation 7702 and ensure consumer tax efficiency.
Associated Riders: Eight of the most popular and commonly requested life insurance riders are available out-of-the-box.
That investment is already paying dividends with two new national account carriers in the US currently implementing EIS universal life and whole life solutions.

Haven Life Kicks Off 2022 with Industry Awards for Best Term Life Insurance Products, Recognizing Quality, Experience and Customer Service

Retrieved on:

Tuesday, January 25, 2022

Among the recognitions include NerdWallet, which awarded Haven Life the designation of Best Same-Day Term Life Insurance as part of its Best Insurance Winners 2022 category.

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Among the recognitions include NerdWallet, which awarded Haven Life the designation of Best Same-Day Term Life Insurance as part of its Best Insurance Winners 2022 category.
Newsweek also named Haven Life to its list of America's Best Customer Service 2022 recognitions for its life insurance category.
For both awards, Haven Life stood out for its online-first approach, quick application process, high coverage limits and policy riders, including Haven Life Plus.
Haven Term is a Term Life Insurance Policy (ICC21 Haven Term in certain states, including NC) issued by C.M.

Policygenius January Life Insurance Price Index: 2022 continues pricing stability

Retrieved on:

Tuesday, January 11, 2022

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NEW YORK, Jan. 11, 2022 /PRNewswire/ --Policygenius, the one-stop platform for comparing and buying insurance, announced today theJanuary 2022 release of the Policygenius Life Insurance Price Index , which displays average monthly life insurance rates using current data from leading life insurance carriers.

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NEW YORK, Jan. 11, 2022 /PRNewswire/ --Policygenius, the one-stop platform for comparing and buying insurance, announced today theJanuary 2022 release of the Policygenius Life Insurance Price Index , which displays average monthly life insurance rates using current data from leading life insurance carriers.
"We're continuing to see pricing stability across all demographics, making it a good time to shop for life insurance."
Life insurance prices are primarily based on life expectancy, factoring in personal details about an individual, including age, medical history and hobbies.
The prices included in the Policygenius Life Insurance Price Index are based on internal actuarial rate tables for 10 of the life insurance carriers that offer policies through the Policygenius marketplace.

Forbes Names Primerica One of America’s Best Insurance Companies for 2022

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Friday, October 8, 2021

Professional Services, Insurance, Finance, New York Stock Exchange, Forbes, GA, Diversity, Russell, PRI, Woman, Insurance, Term life insurance, Death, Statista, Term Life, NYSE, Solution

Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families throughout the United States and Canada, has been named by Forbes to its list of American Best Insurance Companies for 2022.

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Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families throughout the United States and Canada, has been named by Forbes to its list of American Best Insurance Companies for 2022.
In order to determine which companies were best serving consumers, Forbes partnered with Statista to survey more than 16,000 customers and get their feedback on these companies' performance.
In addition to this recognition, Primerica also appears on Forbes' lists of America's Best Employers for Diversity and Americas Best Employers for Women for 2021.
Primerica, through its insurance company subsidiaries, was the #2 issuer of Term Life insurance coverage in North America in 2020.

LifeSecure Insurance Company Expands Portfolio with Simplified Issue Final Expense and Term Life Insurance Products

Retrieved on:

Tuesday, July 27, 2021

Insurance, Types of insurance, Life insurance, Term life insurance

BRIGHTON, Mich., July 27, 2021 /PRNewswire/ -- Today, LifeSecure Insurance Company announced a strategic partnership with iptiQ to simplify the life insurance buying experience by launching simplified issue final expense and term life insurance products.

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BRIGHTON, Mich., July 27, 2021 /PRNewswire/ -- Today, LifeSecure Insurance Company announced a strategic partnership with iptiQ to simplify the life insurance buying experience by launching simplified issue final expense and term life insurance products.
*The final expense and term life insurance products are both underwritten by iptiQ's insurance carrier, Lumico Life Insurance Company.
Based in Brighton, Mich., LifeSecure Insurance Company is dedicated to its mission of delivering an exceptional insurance experience.
The company offers supplemental health, long term care and life insurance products.

Haven Life Introduces A Newly Priced Haven Term, Making It More Affordable For Families To Help Financially Protect Their Loved Ones

Retrieved on:

Wednesday, June 30, 2021

Finance, Money, Insurance, Types of insurance, Life insurance, Madoff investment scandal, MassMutual, Term life insurance

Life.

Key Points:

Life.
Haven Life Insurance Agency, LLC (Haven Life) is re-thinking how people financially protect the ones they love.
Haven Term is a Term Life Insurance Policy (ICC21 Haven Term in certain states, including NC) issued by C.M.
Haven Term is available through Haven Life Insurance Agency, LLC (Haven Life), whose agency license number in California is OK71922 and in Arkansas, 100139527.