Penn Mutual released a statement on its website announcing an accelerated program that lets you purchase life insurance sooner.
This program includes no blood tests or tedious paper work.
They explain that, “The new client experience requires no medical testing for many individuals and can take as little as 24 hours from application to payment, compared to an industry average of 30 days or more! The experience eliminates all the paperwork and delays that slow the current life insurance application, underwriting and policy delivery process.”
Penn Mutual is working towards a better online experience. They are hoping this will attract millennials and people who want life insurance and in a fast and seamless way. The accelerated experience is available for our top-selling fixed individual life insurance products up to $2.5 million for standard or better risk classes and ages 20-65.
The new online application is similar to an automated intelligence that is able to make key decisions and integrate with online tools and databases to quickly verify, authenticate and confirm, speeding decision making and approvals.
The contemporary life insurance market is way more extensive than a source of income for beneficiaries when catastrophe strikes. With a plethora of options, these plans offer you and your entire family peace of mind, and often give your money investment opportunity to allow you to enjoy the money invested during your lifetime.
Choosing the perfect life insurance plan depends as much on your financial needs as it does on your health class rating. We will assess all factors and guide you through every option until we find the perfect plan for you.
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