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April 01, 2012   Email to Friend 

Alfa Announces New Term Life Insurance Policy
Miranda Mattheis

Alfa is making life simpler. A new life insurance policy, Rapid Issue Term Life, gives families affordable protection, and the application process is quick and easy.

This new insurance policy differs from Alfa’s other available life policies because of the speed of which it can be issued. After a simple application process, most qualifying customers are able to secure coverage without a medical test, blood test or urinalysis. Families can secure life insurance protection in as few as four days. In addition, the policy allows for a period of conversion to a permanent plan of insurance.

“This new product allows customers to select between 10-, 20- or 30-year terms, with volumes between $25,000 and $75,000,” said Allen Foster, vice president of Life Underwriting. “The application process is thorough, yet simple. This product is underwritten, but typically does not require a medical exam. One of the primary objectives of this product for Alfa Life is speed to issue. We’re confident that Alfa’s agents can help our customers find the plan that best fits their needs and budget.”

According to industry statistics, 68 million adult Americans do not have life insurance. Among those who do, many do not have adequate coverage.

“With Alfa’s new policy, customers can buy peace of mind for themselves and their families,” Foster said. “For just a few dollars a month, life insurance protection offers financial security for years to come.”

Life insurance is one of the best gifts a family can receive, and Alfa offers a wide range of policies to suit many needs. Alfa’s local agents can conduct a financial needs analysis to determine the amount of coverage best suited for each family.

For more information on Alfa’s new Rapid Issue Term Life insurance, call an Alfa agent or visit AlfaInsurance.com.

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