The goal is to simplify the firm's offering to its customers and advisors
Clients can choose the exact term they want
The application process for term life insurance is guided by the company’s proprietary algorithms and takes about five minutes to complete
Gen X and Y Canadians are looking for an easy online solution
Vitality plan expands coverage options
Firm also announces new renewal rate structure for term-10 policies
Invisor is introducing a new digital insurance platform for clients to buy term life insurance policies up to $500,000
In an effort to speed of the issuing process, younger clients between the ages of 18 and 40 will be able to apply for a term policy of up to $1 million without biometric data
Some term insurance rates have been reduced as much as 10%
New product provides coverage in as little as one business day