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The partnership will enable Impression’s community, which consists of greater than 200 constituent companies and a couple of,000 advisors, to save lots of time and vitality serving to shoppers safe time period life insurance coverage protection. The time financial savings will enable Impression to scale back its present prices of putting time period life protection whereas additionally capturing further alternative that advisors might have averted because of the onerous means of securing protection, the businesses mentioned.
“We’re thrilled to have the ability to provide Policygenius Professional to Impression companions,” mentioned Clay Eschrich, senior vice chairman of life and distribution at Impression. “Time period life protection has at all times been tough for advisors as a consequence of its time-intensiveness, and Policygenius Professional is the main answer for assuaging that ache level.”
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“Impression is a perfect accomplice for our Policygenius Professional platform,” mentioned Jennifer Fitzgerald, co-founder and CEO of Policygenius. “They’re an revolutionary [field marketing organization] that experiences the precise ache level that Policygenius Professional is designed to resolve: serving to monetary advisors and unbiased brokers present important time period life protection for his or her shoppers, with out the complexities and time-consuming course of.
“The pace with which Impression has applied Policygenius Professional and pushed adoption exhibits how dedicated they’re to raised serving their advisory community and finish shoppers.”
Policygenius Professional has helped companions minimize placement occasions by half, on common, and has decreased the common time an advisor spends on an utility from 2.5 hours to 15-20 minutes.
“This isn’t only a approach for us to dump time period life – we count on Policygenius Professional to assist us greater than double our time period manufacturing,” Eschrich mentioned. “Just by permitting companions to save lots of a lot time managing the logistics of getting their shoppers coated, they’ll be capable to give attention to higher-value work and improve their general profitability. We now really feel we’re ready to make time period life a revenue middle fairly than a value middle.”
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