With this new product, advisors and their clients can obtain an immediate decision in just a few clicks, without any medical exams or tele-interviews. “Immediate Underwriting meets all of our clients’ needs and is a welcome addition to our digital offering which is already very popular with our network, while significantly reducing processing time without impacting premiums or commissions,” says Guillaume Fauteux, Vice-President of Business Development and Marketing – Individual Insurance and Investment and Retirement at UV Insurance.
Immediate Underwriting is a quick and easy solution that makes it possible to obtain a decision in just a few minutes without the assistance of an underwriter, and issue an electronic contract in less than 48 hours. Available for all UV Insurance term life insurance products of up to $500,000, it also makes it possible to add additional coverage such as the Credit Insurance Rider, a unique product on the market.
The solution is available now on My Universe, UV Insurance’s comprehensive technological platform that includes the illustration software, electronic application and signature, as well as the portal for advisors and clients.
About UV Insurance
Founded in 1889, UV Insurance is one of Canada’s oldest insurance companies. It has become well known for its financial stability and customer service to the local community. It offers a range of individual and critical illness insurance, group insurance, and investment and retirement products. Over time, the company has stood out by focusing on flexible products and a vast network of independent advisors. Headquartered in Drummondville, the company serves the Canadian market, particularly Quebec and Ontario.
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For more information
Marilyn Baril
Communications Director
UV Insurance
mbaril@uvinsurance.ca
819 478-1315, ext. 2541