Policygenius launches with Lincoln TermAccel
Digital insurance marketplace Policygenius announced the addition of Lincoln TermAccel, a life insurance product by Lincoln Financial Group . Lincoln TermAccel offers life insurance protection for 10, 15, 20, or 30 years with coverage amounts from $100,000 to $1 million. With a streamlined, digital-first application process, eligible customers can secure coverage within just a few weeks without a medical exam.
“We’ve always been focused on helping people get financial protection right, and making the insurance purchasing process as easy and convenient as possible. We’re thrilled to launch this new life insurance offering from Lincoln Financial Group that incorporates a streamlined process, making it even simpler for American families to get the financial protection they need. Especially with the uncertainty brought on by recent global events, we know how important it is for families to feel financially secure and taken care of. Today’s launch is another milestone on our journey . As we look ahead, we’re excited to continue our mission of helping people get financial protection right.” – Jennifer Fitzgerald, CEO, and co-founder of Policygenius.
Founded in 2014, Policygenius has raised over $160 million across 7 funding rounds and is backed by insurer-investment arms AXA Venture Partners, MassMutual Ventures and Transamerica Ventures. It is a team of approximately 400 people.