Branch adds term life insurance

Life insurance offers home, auto, renter, and umbrella insurance, plus another line of offerings for branches

columbus, ohio, October 26, 2022 /PR Newswire/ — branch®a full-stack insurance company that uses data, technology and automation to make home and auto insurance completely frictionless, today announced the launch of a term life insurance product. guaranteeThis first segue into term life insurance strengthens the product offerings of the coast-to-coast branches and $147 million Series C investment launched Branching to unicorn status.

Term life insurance is another exciting way Branch is making it easy for consumers to seamlessly bundle all their insurance needs, maximizing savings and enhancing the customer experience. Branch created the first-ever instant bundle to eliminate the long and tedious process of buying home and car insurance through traditional channels. Building on its proven success of bundling with just a consumer’s name and address, Branch seeks to eliminate the time-consuming and overly intrusive purchasing process common across the life insurance market.

“Branch allows members to manage more insurance plans in one place and get the benefits of bundling.” Brian Blizzard, Branch Chief Operating Officer. “As a result of our member asking how to purchase life insurance along with our home and auto products, we are working with his Assurity to provide a way to add life insurance to provide better coverage. We made it easy to get the range.”

Since its launch in 2019, Branch has been on a mission to make insurance cheaper and cover more people. With home and auto insurance now available in 33 states, Branch believes offering instant decision life insurance will make it even easier for consumers to migrate their entire insurance account to Branch. .by partnering with Assurance Life Insurance CompanyWith a focus on providing coverage that is easy to understand and easy to purchase, Branch now makes it easy to offer term life insurance to new and existing members.

“Like Assurity, Branch’s goal is to provide frictionless insurance to enable greater adoption and extend coverage to more people.” Zachary Kane, Head of Assurity Ventures, Inc for Assurity Life Insurance. “We are pleased that Branch will continue to offer term life insurance to current customers who bundle home and auto insurance while removing the hassles that are common with traditional insurers.”

For more information on how subscribers can obtain a term life insurance quote by answering a few simple questions before completing their application and receive an instant decision completely online, please visit: life.branch.com.

About branches

Branch is home and auto insurance that’s easy to buy and built for savings. With its innovative Instant Bind feature, Branch removes all the friction associated with getting covered, making it easy for consumers to bundle their home and car together. Branch is a public benefit corporation and manages mutual exchanges, organizations where the policyholder is the actual owner of the premium. The structure is built to align incentives and offer members as much savings as possible. Branch also provides members with access to a number of community-based products. These products help members harness the power of the network to save even more.

Branches opened in 2019 by insurance veterans Steve Rekas technology entrepreneur Joe Emisonis headquartered in columbus, ohioBranch is underwritten by the Branch Insurance Exchange, Everspan Insurance Company, and General Security National Insurance Company (GSNIC) and backed by SCOR. For more information, please visit the following URL: Branch.com.

Warranty

As a mutual organization, Assurity was founded on the simple concept of people coming together to support each other in times of need. We continue our mission to help people during difficult times by providing affordable insurance that is easy to understand and purchase. Our financial security has stood the test of time. It demonstrates our commitment to being there when our customers need us. It is your property and is in business to serve only your best interests. We embrace our ability to improve our lives, whether it’s paying for benefits, providing humane services, giving back to our communities, or practicing sustainable practices that give back to the planet. As a Certified B Corporation, we know we all share the future we create, and Assurity believes in using our business as a force for good. For more information, please visit the following URL: Assurance.com.

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SOURCE Branch insurance

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