One of the leading term life insurance companies in Canada, has just introduced simplified underwriting on all life applications below $250,000 and ages 45 and under.
April 14, 2006 (Press Release) --
Montreal, Canada. The Hughes Trustco Group (Xpressterm.com) announced today that one of the leading term life insurance companies in Canada, has just introduced simplified underwriting on all life applications below $250,000 and ages 45 and under. This means you can obtain coverage up to $249,999 for term life insurance guaranteed for 10 or 20 years very quickly since no medical examinations are required.
“This is the biggest advance in simplification of life insurance buying for many years. Some companies have underwriting by telephone, simple forms and the like, but here the company has combined the elements of ease of purchase and speed of issue.” said Mr. Hughes.
“By combining the necessary elements, this life insurance company has created a new consumer-friendly product and if you want more than $250,000, or are older than 45 ˝, you can also use this application process. You will receive the same prompt service”, promised Ivon T. Hughes about the new approach to term life insurance.
“People are completely fed up with the long approval process for even the simplest of policies for the healthiest of people” said Mr. Hughes. “It can take up to 2 months to get a simple term life policy into the hands of a client. The companies complain about the high cost of issuing policies, but do nothing to alleviate the problem. But now at long last, this life insurance company has simplified underwriting which means clients could get a term life policy receipt within 7 days. Now that is progress!”
About the Hughes Trustco Group
The Hughes Trustco Group went online in June 1998 to supply information about life insurance to consumers from all the life insurance companies. The website is visited every day by persons seeking information on term life insurance, disability insurance, critical illness and all forms of life & health insurance. Life insurance quotes are provided from all the companies allowing the client to make an independent assessment of his need for life insurance.
“This is the biggest advance in simplification of life insurance buying for many years. Some companies have underwriting by telephone, simple forms and the like, but here the company has combined the elements of ease of purchase and speed of issue.” said Mr. Hughes.
“By combining the necessary elements, this life insurance company has created a new consumer-friendly product and if you want more than $250,000, or are older than 45 ˝, you can also use this application process. You will receive the same prompt service”, promised Ivon T. Hughes about the new approach to term life insurance.
“People are completely fed up with the long approval process for even the simplest of policies for the healthiest of people” said Mr. Hughes. “It can take up to 2 months to get a simple term life policy into the hands of a client. The companies complain about the high cost of issuing policies, but do nothing to alleviate the problem. But now at long last, this life insurance company has simplified underwriting which means clients could get a term life policy receipt within 7 days. Now that is progress!”
About the Hughes Trustco Group
The Hughes Trustco Group went online in June 1998 to supply information about life insurance to consumers from all the life insurance companies. The website is visited every day by persons seeking information on term life insurance, disability insurance, critical illness and all forms of life & health insurance. Life insurance quotes are provided from all the companies allowing the client to make an independent assessment of his need for life insurance.
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