{"id":2136,"date":"2022-10-13T12:20:27","date_gmt":"2022-10-13T12:20:27","guid":{"rendered":"https:\/\/electronicwordsmith.com\/selectquote-symetra-and-munich-re-life-us-partner-to-launch-swiftterm-select-a-transformative-instant-issue-term-life-insurance-product\/"},"modified":"2022-10-13T12:20:27","modified_gmt":"2022-10-13T12:20:27","slug":"selectquote-symetra-and-munich-re-life-us-partner-to-launch-swiftterm-select-a-transformative-instant-issue-term-life-insurance-product","status":"publish","type":"post","link":"https:\/\/electronicwordsmith.com\/selectquote-symetra-and-munich-re-life-us-partner-to-launch-swiftterm-select-a-transformative-instant-issue-term-life-insurance-product\/","title":{"rendered":"SelectQuote, Symetra and Munich Re Life US Associate to Launch \u2018SwiftTerm Choose\u2019, a Transformative On the spot-Subject Time period Life Insurance coverage Product"},"content":{"rendered":"


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OVERLAND PARK, Kan., October 13, 2022<\/b>–(BUSINESS WIRE<\/a>)–SelectQuote, Inc. (NYSE: SLQT) at this time introduced a partnership with Symetra Life Insurance coverage Firm and Munich Re Life US to carry SwiftTerm ChooseSM<\/sup>, a brand new instantaneous determination1<\/sup> point-of-sale time period life insurance coverage product with aggressive charges, to the SelectQuote platform. Starting within the fourth quarter of 2022, certified shoppers ages 18-60 will be capable to purchase as much as $2 million of same-day protection with no medical examination via SwiftTerm Choose.<\/p>\n

SwiftTerm Choose shall be bought solely via SelectQuote, a pioneer of direct-to-consumer insurance coverage buying since 1985 that has helped tens of millions of shoppers discover the proper life insurance coverage protection. The custom-made time period life product will provide instantaneous determination underwriting via alitheia, a Munich Re Life US platform. Insurance policies shall be issued by Symetra, a frontrunner in annuities, life insurance coverage and worker profit merchandise, and solely reinsured by Munich Re Life US, a number one supplier of reinsurance and insurance-related danger options.<\/p>\n

“We’re dedicated to reworking the insurance coverage shopping for and promoting course of via revolutionary product growth, know-how and strategic partnerships,” stated Phil Williamson, Vice President of Enterprise Growth at SelectQuote. “We imagine the way forward for life insurance coverage is a mix of a digital and agent expertise that seamlessly integrates real-time knowledge with cutting-edge underwriting know-how, offering shoppers with high-quality decisions at aggressive costs.”<\/p>\n

SwiftTerm Choose displays Symetra\u2019s dedication to delivering insurance coverage that\u2019s quick, simple and inexpensive by providing each the agent and the buyer a easy and seamless time period life insurance coverage shopping for expertise, going from the preliminary questionnaire to issuing a coverage in as little as 25 minutes for certified shoppers.<\/p>\n

“We’re excited to accomplice with SelectQuote and Munich Re Life US on this tradition providing. Empowering clients is on the core of why we constructed SwiftTerm Choose, and SelectQuote\u2019s mixture of the digital and agent expertise aligns instantly with that mission. Collectively, with Munich Re Life US, we created a chance to increase our attain by making it even simpler for patrons to acquire time period life insurance coverage protection,” stated Mindi Work, Senior Vice President, Chief of Technique at Symetra.<\/p>\n