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Maybe you’ve thought about getting life insurance to protect your family in case something happens to you. But you haven’t gotten around to it because — let’s face it — figuring out what kind of policy you really need is complicated and a little intimidating .
When you shop for life insurance, you get bombarded with weird jargon like “term life,” “cash value,” “universal life,” “death benefit,” “whole life,” “annual renewable term,” and on and on and on. It’s enough to make you shake your head and walk away.
What if there was someplace that would walk you through it and make it a lot easier?
That’s the idea behind Amplifya digital-first life insurance platform that simplifies and streamlines the entire life insurance purchasing process. Their website spells out what your options are and how much each option may cost. Then, if needed, actual licensed agents can guide you throughout the process.
For a long time, the life insurance industry has been dominated by a complicated, opaque, commission-driven system that sells you the products they want to sell you.
But in today’s world, you can shop online for all kinds of things and decide exactly what you want to buy, whether you’re looking at new shoes or a phone or a car. Why shouldn’t it be the same for life insurance?
Here’s another wrinkle: Amplify not only gives you traditional life insurance choices, but it also gives you access to indexed universal life insurance — a specific kind of policy that’s usually only easily accessible to the wealthy. The affluent and the well-heeled have been using this kind of policy to build tax-efficient wealth, while still protecting their families.
Amplify wants to democratize insurance and show everyone how to take advantage of it. And it’s especially useful if you’re worried about volatility in the stock market.
Which Type of Insurance Is For You?
Here are the few main kinds of life insurance you can…
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