Regulations in the life insurance industry are no joking matter for startups looking to disrupt the space. While these rules are rightfully in place for the financial protection of life insurance buyers, it makes it challenging for innovators like
The slower-than-desired expansion is due to the fact that in order to sell a life insurance policy, approval must be given on a state-by-state basis. And as we all know well, New Yorkers can be a tough nut to crack.
"Because we're based in
This approval in
For more information about the
Haven Term is a Term Life Insurance Policy (DTC, ICC14DTC) issued by Massachusetts Mutual Life Insurance Company (
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SOURCE Haven Life