AmeriLife Now Offers SimpliNow Legacy From AIG

SimpliNow Legacy was designed to help policyholders lessen the burden of final expenses--including unpaid debt, medical bills or other household costs--on their loved ones. The product offers a unique limited-pay feature and death benefit coverage ranging from $5,000-$35,000. SimpliNow Legacy was created with middle-market Americans (ages 50 to 80 with a household income of $75,000 or less) in mind, including seniors, to help provide this growing demographic an additional layer of financial protection.

For agents, SimpliNow Legacy was built for speed. This product features an instant-decision underwriting process, no post-sale paperwork, and the ability to draft credit card payments in real-time to instantly issue policies. This process includes:

• Electronic applications that tell agents early-on the type of coverage their clients can receive
• Instant underwriting decisions 100% of the time and early in the application process, with no additional underwriting, ever
• Instant issue capabilities for IGO and current dated apps paid with credit cards
• SimpliNow Quoter allows agents to easily quote their clients’ premiums before or during the application process

“In the U.S., the median cost of a funeral is around $9,000*, and many older Americans are doing what they can to avoid passing those expenses onto their loved ones,” said Pat Fleming, Executive Vice President of Product Innovation and Corporate Actuary for AmeriLife. “We’re proud to be one of AIG’s exclusive partners in offering a groundbreaking product that provides consumers with the confidence that their final expenses will be addressed. The speed of the process at the point-of-sale is something that will help our agents work quickly and efficiently to help their clients secure coverage that will aid in preserving their legacies.”

For more information on SimpliNow Legacy, visit www.amerilife.com to get in touch with an AmeriLife agency or affiliate.

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About AmeriLife

AmeriLife’s strength is its mission: to provide financial solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a national distribution network of over 300,000 agents and advisors, more than 40 marketing organizations, and 50 agency locations. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn.