Celent is a global research and advisory firm in the financial services and insurance industries. It recognizes ‘Model Insurers’ for their ability to improve performance, deliver innovative solutions, and meet market demands when tackling issues that face all insurers today.
This is the first time TruStage has received the award. Its simplified-issue term life insurance product offers consumers an entirely online purchase experience.
After designating a beneficiary at the start and answering just two health questions, a completely automated underwriting platform delivers a decision in minutes with coverage face amounts ranging from $5,000 to $100,000 to provide protection for home mortgages, children’s education, income replacement and final expenses.