AXA Assurances Inc. and FutureBright Insurance Group Inc. Announce FutureBright's Appointment as National MGA for Distribution of AXA Products Across Canada
AXA Assurances Inc. and FutureBright Insurance Group Inc. announce FutureBright's appointment as National MGA for distribution of AXA Life & Health insurance products across Canada. FutureBright, an Insurance Marketing Organization specializing in Living Benefits, has entered into a National MGA contract with AXA Assurances Inc. to sell their line of Life and Health insurance products. The agreement allows FutureBright to market AXA's Individual CI, LTC, DI, Life, and Mortgage Insurance through its AGAs, independent brokers and affinity relationships across the country.
Toronto, ON (PRWEB) January 26, 2007 -- AXA Assurances Inc. and FutureBright Insurance Group Inc. announce FutureBright's appointment as National MGA for distribution of AXA Life & Health insurance products across Canada.
FutureBright, an Insurance Marketing Organization specializing in Living Benefits, has entered into a National MGA contract with AXA Assurances Inc. to sell their line of Life and Health insurance products. The agreement allows FutureBright to market AXA's Individual CI, LTC, DI, Life, and Mortgage Insurance through its AGAs, independent brokers and affinity relationships across the country.
The AXA products are a welcome addition to FutureSafe, FutureBright's Exclusive Guaranteed Issue Critical Illness product (underwritten by AXA); CARP Long Term Care (underwritten by Combined Insurance Company of America); AD&D with Accidental Disability (underwritten by AXA); and CareNav, FutureBright's Medical Care Coordination Service.
"As Living Benefits Specialists focused on providing Baby Boomers with timely and valuable insurance solutions, we are particularly excited about distributing AXA's LifeBeat" said Johanne Ouellette, EVP Marketing. "We have scoured the market for something truly customer-centered and this is it. LifeBeat provides up to $2,000,000 of coverage for 22 Conditions plus Disability and Long Term Care (LTC). The product is special because the individual can choose the Critical Illness and Disability coverage and wait until age 65 to choose Long Term Care protection - without further underwriting. What's more, the rates are guaranteed and the client can choose to get all their money back at age 70 or receive a 25% refund of all funds paid, plus a 25% premium discount when he needs it most."
"We are proud to have a dynamic Living Benefits marketing organization like FutureBright distributing our products across Canada" said Stephen Fretwell, Regional Sales Manager Ontario and Western Canada. "Their dedication to Broker education and sales support is in total harmony with our approach."
AXA, the world's largest financial services company as ranked by revenue, is building its brand in Canada. "We are committed to bringing our innovative products and resources to the attention of Canadian consumers and their advisors" said Richard Pyper, VP Business Development.
Ron Tal, President of FutureBright, believes advisors with an interest in Living Benefits need access to education and friendly sales support. He says "It's hard to navigate the many products in the market. Our goal is to provide friendly resources and simple customizable sales tools that help advisors build their Living Benefits practice. We work with AGA's as well as independent brokers."
Advisors will be pleased to know that FutureBright and AXA branded products are included on the independently produced LifeGuide Professional Software.
About FutureBright:
FutureBright Insurance Group is a national Canadian company headquartered in Toronto, Canada. Founded in 2004, FutureBright was created to meet the specific insurance needs of our aging population. The Company's principals and senior management draw from decades of experience in the Insurance and Healthcare sectors as developers and sellers of insurance products and deliverers of care.
About AXA:
A member of the AXA Group, AXA is present throughout Canada. Fifty million individuals and businesses worldwide have placed their trust in AXA to insure their property, provide health and personal protection for their families or employees, and manage their personal or corporate assets.
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