TMCnet News
eLife, LLC Launches "eTerm Express" Next Generation Non-Med Term LifeSHELTON, Conn., Aug. 8, 2016 /PRNewswire/ -- eLife LLC: www.elifesolutions.com, a ground-breaking insurtech company specializing in the distribution of Non-Med Term Life products today introduced eTerm Express: a totally new life insurance offering designed with an entirely paperless application and approval process. Today over 50 million US households either don't have life insurance or don't have enough. This market segment consists of people typically needing from $100,000 to $500,000 of life insurance coverage. "To date, the industry has been accessing these consumers using antiquated products, outdated methods, and manual underwriting processes with full medical exams," said Christopher Snyder, CEO at eLife LLC. "Our research shows this is why the middle market has been so difficult to penetrate." eTerm Express is powered by a breakthrough distribution platform incorporating electronic underwriting and "Straight-Through-Processing."
"Our innovative platform boasts a vastly improved online user experience for insurance agents. Every step is automated and paper is eliminated," Mr. Snyder continued. "Using the eLife Platform, an application can be completed and the in-force policy electronically delivered in as little as 15 minutes." Visit www.elifesolutions.com for more information including contacts for inquiries regarding distribution opportunities. Policies issued by: Fidelity Life Association?, 8700 W. Bryn Mawr Ave., Ste. 900S Chicago, Illinois 60631 A.M. Best rating A- (Excellent) About eLife LLC PR CONTACT Logo - http://photos.prnewswire.com/prnh/20160804/395773LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/elife-llc-launches-eterm-express-next-generation-non-med-term-life-300309632.html SOURCE eLife LLC |