IntelliQuote Responds to Rise in Demand for Universal Life Insurance as Leading Carriers Begin to Offer More UL Products
El Dorado Hills, Calif (PRWEB) January 31, 2014 -- IntelliQuote, a highly respected online life insurance agency, is helping individuals secure Universal Life (UL) Insurance as consumer demand continues to rise.
Founded in 1997, IntelliQuote has earned a reputation as one of the most trusted online life insurance agencies in the industry. Offering instant online life insurance quotes, coupled with unmatched customer service, IntelliQuote delivers the one-to-one support typically associated with traditional agencies and the convenience of an online experience. As one of the first online agencies of its kind, IntelliQuote has been setting the bar for excellence in online life insurance sales ever since. Frequently improving and adding to their product offerings is one of the many ways they remain at the forefront of the online life insurance industry.
The life insurance industry was one of many that suffered losses in the wake of the U.S. recession in 2008 to 2009. Consumers were forced to cut expenses, many of whom chose to let their life insurance coverage lapse. In recent years, consumer confidence has risen, leading many to once again explore life insurance options. The industry’s top carriers are taking note and developing life insurance products that cater to the modern consumer’s evolving needs.
One such product proving to be particularly popular is the flexible Universal Life policy. Some of the industry’s most trusted carriers are now offering flexible UL coverage. These policies provide valuable benefits and riders including: death benefit protection, tax-advantaged growth potential, access to cash value, accelerated death benefit, critical illness and long term care benefit riders. As consumers once again prioritize life insurance protection, many are choosing these newly introduced universal life policies.
“Many of our customers are choosing these products because they not only offer the life insurance protection we all need, but they also offer significant cash value growth potential,” said Gary Lardy, President and CEO of IntelliQuote.
The IntelliQuote leadership team identified this recent rise in interest as an opportunity to educate consumers about the many benefits of universal life insurance protection. In recent months they have been sharing insight and information on the IntelliQuote Life Insurance Blog as well as their social media profiles on Facebook and Twitter. The campaign has proven to be a huge success, garnering engagement from individuals interested in learning more about the latest UL products to hit the market.
“It is incredibly refreshing to see consumers once again taking an active interested in life insurance as well as their long term financial health,” added Lardy.
As they kick off 2014, the IntelliQuote team is hard at work catering to renewed consumer interest in universal life insurance as well as other products including: term life, long term care and more. Stay tuned in the coming months for additional updates from the IntelliQuote teams they continue to expand product offerings and connect with engaged consumers in the online space.
ABOUT INTELLIQUOTE
Headquartered in El Dorado Hills, California, IntelliQuote is a highly respected innovator in the online life insurance industry. Offering instant quotes, unrivaled customer service and access to the most competitive life insurance products on the market; IntelliQuote is the undisputed leader in the space. For more information, visit http://www.intelliquote.com or call 1-800-963-6405.
Gary Lardy, IntelliQuote, http://www.intelliquote.com, +1 206.414.7463, [email protected]
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