Policygenius expands its marketplace with Foresters Financial

Policygenius, the nation’s leading tech-enabled platform for insurance shopping and fulfillment, announced today the new offering of an innovative life insurance product from Foresters Financial. The product, Foresters Your Term, provides consumers with a new way to access life insurance affordably, quickly, and conveniently, enabling an underwriting decision in less than 24 hours for many applicants.

Policygenius adds another market participant to its rapidly growing marketplace. It also expands its unique offerings of accelerated life insurance options that allow eligible customers to get life insurance without having to take a medical exam.

“Our mission is to simplify access to financial protection, and we’ve achieved that through our proprietary technology and superb customer service,” Jennifer FitzgeraldPolicygenius’ CEO and co-founder, said. “We’re proud to expand our product shelf with this life insurance offering from Foresters Financial so we can help more people get the insurance they need as conveniently as possible.” The Policygenius platform features the widest selection of accelerated underwriting life insurance in the market, including exclusive offerings from Foresters Financial and Brighthouse Financial.”

Foresters Financial is an international provider of financial services. They offer life insurance, retirement and savings solutions to help families reach their long-term financial goals. Foresters Your Term offers life insurance protection for 10-, 15-, 20-, 25-, or 30-year terms with coverage amounts from $100,000 to $1 million, giving consumers the flexibilityTo find the right coverage for their needs. A simplified, digital-first application process allows eligible customers to quickly and easily obtain life insurance coverage. It takes as little as one week. Answers to questions about medical, underwriting searches, and reviews are key factors in insuring your family.

Foresters Financial will have a unique standing with Policygenius because it is the only fraternal-life insurer on its platform. Foresters’ insureds are known as members1Because they are eligible to join The Independent Order of Foresters when they purchase an insurance policy. Members enjoy various benefits with an eye toward community well-being through the organization’s earnings. Foresters Go, a new, state-of the-art wellness engagement app, offers members scholarships, community grants, legal services online, and other benefits.

Customers can visit the Policygenius site to answer a few questions, before filling out their application by phone with a licensed Policygenius agent. This greatly speeds up the underwriting process, allowing consumers to get a decision much faster than with traditional underwriting.

“We traditionally help families through independent agents, and we are excited to join Policygenius’ platform to help those consumers who would rather buy online,” Matt BermanForesters Financial US President said. “Too many people are underinsured in The United States. It’s important to be able to give them alternative ways to buy life insurance so they can protect themselves and their families.”

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