Life insurance and technology:

Life insurance and technology is a hot topic in the industry. It is an interesting topic for both customers and companies. Before the Covid-19 pandemic, some companies started to explore the technological side of life insurance. Introducing advanced software and online platforms for both their advisors and their customers. We are not going to focus on life insurance technology on the advisor’s side in this article, instead, we are going to explore the life insurance and technology for customers of the industry.

Life insurance technology for advisors:

Back in the day advisors had to prepare many forms, print many pages, write everything down and meet up with their client in person to get signatures. However, in the past couple of years more and more insurance companies developed advanced software for their salesforce, so the application process for both advisor and client would be simpler.

Since the Covid-19 pandemic started, the use of online software has increased, and more advisors and customers prefer non-face-to-face application processes. Due to the online platform’s popularity, life insurance companies have invested more money to improve their online software and tools.

Life insurance and technology for customers:

Most life insurance companies have an online quoting system where customers can obtain a quote and get their policy fully online. However, that means to find out which insurer can provide them with the best price and coverage, customers must go to many different life insurance websites and find the policy they want. Well, fortunately, there are life insurance brokers that can provide customers quotes from many different life insurance companies in Canada instantly. This way the customer can compare all prices and policy feature and choose the one suits their needs the most.

There are still many life insurance brokerages that are old school and have their advisors reach out to customers to provide them with the life insurance rates and explain the policy features to them. While using an advisor is always recommended especially if you are not sure about what type of life insurance to use or how much coverage you need, it is much more comfortable and efficient to compare prices and features online.

Online quoting software can provide you with prices from different companies and you can instantly compare different types of life insurance and coverage amount to find the one that you desire. However, at AplusWealth, we still believe that life insurance experts bring tremendous value to the table. An advisor will analyze your current financial situation, your financial and family liabilities and take your future goals into consideration.

Therefore, we have developed online software that not only allows you to compare rates amongst different life insurance companies but also acts as a virtual advisor. Our software will take your current financial situation, family liabilities and future goals into consideration and provide you with explanations on different aspects of life insurance and guide you so you can find the life insurance policy that suits your needs the most.

Our online quoting system was designed to give all Canadians the tools they need to find the right product, at the best price, from the best company with a great understanding of what they are buying fully online. You can download our app which is available on both IOS and Android as well as a web-based version. Get Covered allows you to create an account use our financial tools and calculator as well as getting Life insurance, Critical Insurance and Disability insurance quotes.

Life insurance and technology: Get Covered

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GetCovered, designed by AplusWealth Inc., is in line with the first super-intelligent cross-platform applications to provide Canadians with recommendations on Life Insurance, Critical Illness Insurance, and Disability Insurance.

GetCovered, designed by AplusWealth Inc., is in line with the first super-intelligent cross-platform applications to provide Canadians with recommendations on Life Insurance, Critical Illness Insurance, and Disability Insurance. You can choose our easy-to-use Instant Quoter system to obtain prices from top Canadian insurance providers if you already know the insurance product that suits your need. Or you can get the advantage of our recommendation system and build your own policy based on your needs. The system is designed to serve you and find the best approach for your situation.