GREENVILLE, S.C., Aug. 10 /PRNewswire/ -- It is now possible for a person
to actually get life insurance coverage online - not just a quote - in as
little as 15 minutes. This is much faster than the traditional six-to-eight
week buying process.
RBC Insurance describes its do-it-yourself life insurance site
at http://www.rbcexpressterm.com as offering policies without physical exams,
sales agents, waiting periods and extensive paperwork. The site offers instant
approval for qualified applicants -- and a virtual self-service buying process
that allows purchasers to submit applications and have their policy accepted,
underwritten and issued during a single online session, in as little as
15 minutes.
"By shortening the application time period, this method of buying
insurance will likely appeal to married couples, young families, business
people and anyone who finds themselves constantly pressed for time," says Jim
Sharkey, vice president of business development for Liberty Life Insurance
Company, a U.S. subsidiary of RBC Insurance.
Applicants can get a quote, complete a short application, answer a few
health-related questions, specify form of payment, and electronically sign --
all online. The application information is forwarded for automated
underwriting and review in a secure electronic environment, and a policy is
issued or denied at the rate quoted, generally within seconds.
Policies, which are underwritten by Liberty Life Insurance Company, are
available in coverage amounts from $25,000 to $150,000 in 10-, 15- and 20-year
term options, with competitive simplified-issue rates. Purchasers have 31 days
to evaluate their policies and can cancel for any reason to receive a full
refund.
The Web site also provides convenient access to policy information through
a secure online folder containing the policy and other important documents and
correspondence. Policyholders can use this "i-folder" to perform a wide range
of functions online, including changing their beneficiary or payment method.
To learn more, visit the Web site at http://www.rbcexpressterm.com
SOURCE Liberty Life Insurance Company
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Related links:
http://www.rbcexpressterm.com
CONTACT:
Vicki Dixon, Senior Account Manager of Leslie
Public Relations, +1-864-271-8340, or fax, +1-864-271-7481, or
vicki.dixon@leslieagency.com
NOTE TO EDITORS: Interviews are available, please call contact.
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