Insurtech Platform Asteya Launches New Personal Disability Insurance Product

Enter Wall Street with Street Insider Premium. Sign up for a 1-week free trial here.

MIAMI, Nov. 9, 2022 (GLOBE NEWSWIRE) — InsurTech Platform Asteya This new service will help protect your personal income if you become sick or injured to the point where you are unable to work due to a qualifying/compensated illness or injury.

The new Disability Income Insurance helps protect a portion of an individual’s income stream and provides monthly benefits for two or five years. Insurance money can be received every month as long as the insured person becomes disabled due to illness or injury and is unable to work. Subject to underwriting, you are eligible for this coverage only if you are a U.S. citizen, resident, or green card holder, are between the ages of 18 and 65, and work at least 30 hours or are self-employed. there is. Make a minimum annual income of $20,000 each week.

Asteya co-founder Hadi Radwan said: “The rollout of this product is gradual, but it will be intentional. We are pleased to finally offer this type of disability income insurance. .

The underwriting and product team, led by COO and Chief Underwriting Officer Matt Zuba, Chief Business Development and Product Officer Joseph Khoury, and AVP of Executive Benefits and Program Management LyLy Hin, were central to the launch of this product. rice field.

Asteya’s newest products are currently available in Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Nebraska, Nevada available to customers. , New Jersey, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Virginia, Washington, West Virginia, and then more states.

“Our team is committed to continuing to launch impactful new products aimed at securing and protecting people’s futures. , launched following the launch of Term Life Insurance, both of which are aimed at protecting you and your family’s life tomorrow. I am exploring.

Asteya’s Sickness and Accident Personal Disability Income Insurance is underwritten and issued by Fidelity Security Life Insurance Company™ of Kansas City, Missouri and managed by Risk Insurance and Reinsurance Solutions. For more information about Asteya, its products, and when the latest products will be available in your state, please visit: www.Asteya World.

contact address: Hadi Radwan Asteya [email protected]

Related image

Image 1: Asteya General Insurance disability income insurance

This content is Press Release Distribution Service.

Asteya General Insurance

Asteya General Insurance

Source: Asteya

Leave a Comment