Even Staff

2020-09-08

What Does The Largest End-To-End Multi-Carrier All-Digital Online Life Insurance Flow Mean For Consumers?

LeapLife, powered by Even Financial, has the best end-to-end multi carrier all-digital online life insurance flow in the industry. Sounds impressive, but what does that really mean for you as a consumer? It means you can rest assured knowing you found the best life insurance policy to fit your personal health and lifestyle history at the best possible price- without having to spend hours researching. How is that possible? There are a few key components that go into making this statement a reality.

 

The Largest Network of Premium Life Insurance Carriers

 

First, LeapLife only works with life insurance carriers that are A- or better rated with AM Best for their financial strength. This means you will only find long-established carriers that have deep assets on our platform, so you know that they will be there to pay a benefit to your beneficiaries if something were to happen to you in the future. Not only are these the largest and strongest life insurance carriers in the country, but they also have the lowest prices. Sound too good to be true? It isn’t. The larger a life insurance company is, the higher their risk tolerance is. Thus, they are able to take on risk (writing you a policy) at a lower price than a lesser-rated company with lower assets. 

 

Search, Comparison, and Recommendation Engine

 

Second, LeapLife uses a recommendation engine to match you with the right life insurance carrier for your personal health and financial history. Every life insurance carrier has their own underwriting guide that they follow to determine the price you pay for your policy, and each carrier can possibly view the same health condition differently. There is no negotiating pricing for life insurance, it is a heavily regulated industry and the carriers are required to report their pricing and guidelines to the Department of Insurance in order to sell their policies to consumers. The best part about LeapLife’s platform is that by answering a few questions we do that matching for you in less than 60 seconds. Your age, build, gender, tobacco history, medical conditions, prescriptions, and financial history all make up the pieces of information a life insurance carrier uses to assess and determine your insurability. We eliminate the guesswork and find the right fit for you, and present you with personalized life insurance policy quotes quickly and easily.

 

Digital Approval + Full Agent Support When Needed

 

Third, if you find a quote you want to proceed with, applying is a breeze! It takes most people 10-15 minutes to finish. Depending on your health and the coverage amount chosen, you will be presented with an online application path or phone application path. Both paths have multiple life insurance carriers and options to choose from. Since life insurance is indeed something you have to qualify for, some people will walk away with a policy in their hands instantly and others will need a more traditional approval path that can take a few weeks to complete. No matter the path that is right for you, the LeapLife team will be with you every step of the way keeping you advised of the status of your approval and anything that is needed. 

 

These three components truly set LeapLife apart from the competition. The other digital end-to-end options available to consumers online today are only offering one product from one life insurance carrier. They are shoving you into one set of underwriting guidelines that may or may not fit your personal history, and this can result in a higher chance of being declined or possibly paying a higher price if you are indeed approved. There are also many places online where you can compare the prices of top-rated life insurance carriers, but no matter which carrier you choose—you’ll end up on the phone with an agent to apply, and aren’t offered a digital application option even if you qualify for it. Speed, convenience, personalized service, and peace of mind are all part of the value that LeapLife provides. Get a quote today and let us show you the LeapLife difference. We know life insurance isn’t fun, that’s why we made it easy and tailored just for you.

Disclaimer: The material provided on this site is not intended to provide legal, investment, or financial advice or to indicate the suitability of any Even Financial product or service to your unique circumstances. For specific advice about your unique circumstances, you may wish to consult a qualified professional. Any information or statistical data sourced by Even Financial through hyperlinks, from third-party websites, are provided for informational purposes only. While Even Financial finds these sources to be accurate, it does not endorse or guarantee any third-party content

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WHAT OUR PARTNERS ARE SAYING

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"... generating some of the highest approval rates and conversion rates among our online acquisition partners. The transparency and focus on data have allowed us to drive consistent growth and success each month. "

"... a streamlined consumer experience, helping millennials with no collateral, budget, or saved money. Even’s impressive matching algorithms simplify the process of finding the best personal loans to meet your needs."

"... a truly modern and easy to use platform for the financial services marketing world. They make it easy to develop consumer friendly, innovative products in a space dominated by legacy platforms."

"... Their wide-reaching network and tech integrations bring in qualified, high-converting leads, and their team has been a pleasure to work with."

"... generating some of the highest approval rates and conversion rates among our online acquisition partners. The transparency and focus on data have allowed us to drive consistent growth and success each month. "

"... a streamlined consumer experience, helping millennials with no collateral, budget, or saved money. Even’s impressive matching algorithms simplify the process of finding the best personal loans to meet your needs."

"... a truly modern and easy to use platform for the financial services marketing world. They make it easy to develop consumer friendly, innovative products in a space dominated by legacy platforms."

"... Their wide-reaching network and tech integrations bring in qualified, high-converting leads, and their team has been a pleasure to work with."

Kyle Taylor
CEO

Awards

Press

Even Ranked Top 50 in the Deloitte Technology Fast 500
DELOITTE
Even Ranked Top 50 in the Deloitte Technology Fast 500
Even is ranked within the Top 50 on the Deloitte Technology Fast 500, a prestigious list that ranks the fastest-growing technology and life sciences companies in North America. To see the full list of winners click the button below. 
A Fintech Conversation With Even Financial and TransUnion
BENZINGA
A Fintech Conversation With Even Financial and TransUnion
Even CEO/Founder Phill Rosen recently sat down for a conversation with our enterprise partner TransUnion’s SVP, Chief Product Officer Hilary Chidi and Benzinga Staff Writer Spencer Israel to discuss the current state of fintech, the impact of COVID, and more...  You can watch the video here: Click Here Click below to read an article about the learnings from the conversation. 
Even has won the Data Innovation Award from the 2020 TearSheet Data Awards
TEARSHEET
Even has won the Data Innovation Award from the 2020 TearSheet Data Awards
On June 8th, 2020, TearSheet announced the winners of the 2020 TearSheet Data Awards, and Even won the Data Innovation Award. They said: “Even is moving the financial services industry from an era of customer acquisition based on mismatched static ads, to one where more personalized offers are matched to consumers in real time.”