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What we DoeLife, LLC is a company specializing in the distribution of Non-Med Term Life products, aimed at the untapped life insurance ‘middle market’ in the United States. Our breakthrough distribution platform, the eLife Platform, incorporates electronic underwriting and "Straight-Through-Processing", so we’re able to reach that market easily, and cost effectively.
Over 50 million US households today either don’t have life insurance, or they don’t have enough life insurance. This market consists of people that typically have modest insurance needs and would benefit from having even a small amount of coverage, such as $100,000 to $500,000.
However, accessing these consumers through outdated methods, offering traditional products and using manual underwriting processes with full medical exams and fluids is simply not economic for Agents. That is why the life insurance industry has for so long found this market to be so hard to reach.
That's where eLife steps in.eLife was established with a specific purpose in mind; to assist insurance companies to access the middle market profitably while at the same time, providing Agents with the tools they need to sell life insurance cost effectively.
From quote to policy issue in 15 minutesWe achieve this using our highly automated distribution platform, which brings together the benefits of electronic underwriting and Straight-Through Processing. That means that moderately priced, Non-med Term Life policies can be sold 100% online. From start to finish including ePolicy Delivery to the policyholder in as little as 15 minutes. Paperless, simple, and economic.
So, if you’re an executive of a life insurance company looking for opportunities to sell Term Life insurance to that untapped middle market, or if you head up an Insurance Sales Organization (BGA, IMO, Call Center, etc.) looking for cutting-edge, Non-med Term Life products that your Agents will be motivated to sell, then read on.
Or better still, just contact us.
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Why We're Different
Our unique point of difference is our automated online delivery capability, which brings together electronic underwriting and Straight-Through-Processing to enable real-time assessment and decision-making on life insurance applications.
Our innovative platform boasts a vastly improved online user experience for insurance Agents, where every step is automated and paper is eliminated. Using the eLife Platform, an application for life insurance can be completed and a policy issued online in as little as 10 to 15 minutes.
Distributing Non-med Term Life products via our leading edge platform is not just "something we do." It’s all we do. There is no substitute for real experience.
Click here to see our promotional video.
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PartneringInsurance Companies
We partner with life insurance companies seeking to grow their business through the sale of Non-med Term Life products. We offer these insurance companies some or all of the following range of services and benefits including:
- Assistance in the design of a Non-med Term Life product appropriate for a defined market niche
- Use of the eLife platform for distributing Non-med Term Life
- Efficient deployment and speed to market
- Access to Agency networks and call centers already set up and trained to sell Non-med Term Life products
- Use of the eLife Platform to establish a direct-to-consumer sales channel
- Online access to exceptional production reporting and data analytics
- Introduction to possible reinsurance support
Life Insurance Distributors and Agencies
We offer Agencies access to competitive Non-med Term Life products via our online eLife Platform. We provide a range of services to all Distributors to ensure that their Agents are trained, highly motivated, and well supported. Once sales have commenced, we provide online access to exceptional production reporting and data analytics.
For more information on partnering with eLife, please contact us.
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Contact us
If we can help in any way, or if you would like additional information, send us an email or give us a call.
For Insurance Company inquiries:
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For insurance sales organization inquiries:
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Product
Our product, available via the eLife Platform, is called eTerm Express.
eTerm Express is a Non-Med Term Life.
In a nutshell;
- Issue Ages 18 to 65
- 10, 15, 20 and 30 Year level term guarantee periods available
- Minimum Face Amount: $100,000
- Maximum Face Amount: $500,000
- 3 Rate Classes designed to match applicant health and lifestyle profile
Click here for the eTerm Express Product Guide.
Click here to see our promotional video.
