Two new term life insurance products

EMC National Life Company has introduced two new term life insurance products: Accelerated Term 2.0 and Life Promises Term.

Accelerated Term 2.0 provides instant underwriting decisions at face amounts up to $1,000,000. “With the use of predictive models and enhanced data sources, we’ve been able to eliminate the telephone interview process and random holdouts, increase the maximum face amount and decrease most rates. Accelerated Term 2.0 also features some of the best pass-through rates in the industry.”

Life Promises Term is a traditionally underwritten term product for those who do not qualify for accelerated underwriting or require face amounts higher than $1,000,000. It delivers the traditional underwriting features while implementing improved rates across most age bands. Life Promises Term replaces Term Select in the EMC National Life product portfolio.