GetSure Announces Expansion of Whole Life Insurance Product Portfolio

GetSure Insurance Agency has partnered with Guarantee Trust Life (GTL) to offer seniors additional life insurance options. The partnership adds a valuable new dimension to GetSure’s burial insurance product portfolio by offering guaranteed issue life insurance to seniors over the age of 80.

Greenbrae, California, United States, 8th Apr 2024 – GetSure Insurance Agency announced today a partnership with Guarantee Trust Life (GTL).  This collaboration will significantly enhance GetSure’s life insurance offerings, especially to seniors over 80.

As a digital-first life insurance agency licensed across all 50 states and D.C., GetSure has been at the helm of making the insurance purchase process more user-friendly and accessible. Boasting partnerships with 19 A-rated life insurance providers, GetSure’s mission is deeply rooted in democratizing life and burial insurance for the masses.

Rikin Shah, Founder and CEO of GetSure, expressed enthusiasm about the partnership, saying, “Our collaboration with Guarantee Trust Life positions us to bring guaranteed issue burial insurance to a wider range of ages. We’re now able to compete directly with long-standing offerings such as the $9.95 plan from Colonial Penn, presenting a compelling alternative that addresses older individuals’ unique needs and concerns. This partnership reflects our commitment to providing respectful, dignified, and financially accessible choices for everyone.”

The partnership with GTL adds another insurer to this mix – one that has been in business for 88 years and holds an A+ rating from A.M. Best, reflecting its financial stability and reliable claims-paying ability.  Its partnership with GTL allows GetSure to add two new products to its lineup:

  • Heritage Whole Life Insurance is a simplified-issue, no-medical exam insurance policy designed primarily for individuals seeking coverage for final expenses. Available to individuals aged 40 to 90, this whole life insurance product offers coverage amounts ranging from $2,500 to $20,000. The policy includes a cash value component, fixed premiums, and a simplified application process that only requires answering a few basic medical questions. The policy is available in all states except New York
  • Turbo Term Life Insurance is tailored for individuals seeking high coverage amounts for temporary needs without the hassle of medical exams. Available to individuals between the ages of 20 to 70, Turbo Term offers coverage ranging from $500,000 to $1 million and term lengths of 10, 15, 20, 25, and 30 years. With fast approvals and no waiting period, Turbo Term stands out for its convenience and accessibility. It includes a Terminal Illness Accelerated Death Rider and offers additional optional riders like Accidental Death and Waiver of Premium for added protection

The burial insurance market is poised for strong growth in the coming years as an aging population and heightened awareness about financial security in later life stages drive demand. Recognizing this trend, GetSure has strategically positioned itself to take advantage of these trends, ensuring that seniors are not only prepared for the future but do so with dignity and ease, equipped with policies that respect their individual needs and circumstances.

Regarding the growing need for life insurance, Shah remarks: “While the rising costs of burial expenses present a challenge, especially in our current economy, it’s heartening to know that solutions like GTL’s can keep families out of financial distress. It’s never been more important to ensure seniors and their families are protected from financial uncertainties. We’re committed to turning this challenge into an opportunity for peace of mind and financial security, making sure that honoring a loved one’s memory isn’t tainted by financial burden.”

For more details on the senior-specific burial insurance plans available through GetSure’s partnership with Guarantee Trust Life, visit https://getsure.org/ or reach out to:

Contact:
Martha Orr  
Media Relations  
GetSure Insurance Agency  
Email: media@getsure.org  
Phone: (775) GET-SURE
 

About GetSure  
GetSure is an online life insurance agency that offers term and whole life insurance policies to Americans 0 to 90 years old through a 100% online process.  GetSure has partnered with 19 A-rated life insurance companies and is licensed in all 50 states (+ D.C.).  The Company holds an A+ rating from the Better Business Bureau and is a member of the U.S. Chamber of Commerce.

Media Contact

Organization: GetSure Insurance Agency

Contact Person: Rikin Shah

Website: https://getsure.org/

Email: Send Email

Contact Number: +18609668834

Address: 290 Via Casitas #102

City: Greenbrae

State: California

Country: United States

Release Id: 0804249723

The post GetSure Announces Expansion of Whole Life Insurance Product Portfolio appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Florida Recorder journalist was involved in the writing and production of this article.