Latest news with #TermLifeInsurance
Reuters
5 days ago
- Business
- Reuters
Wealth Express Launches Transparent Life Insurance Solution to Combat Digital Pricing Deception
ST. PETERSBURG, FL, August 14, 2025 (EZ Newswire) -- Wealth Express, opens new tab, a consumer-first financial solutions platform committed to providing transparency and trust in financial services, today announced the launch of its latest solution: Wealth Express Term Life Insurance with Guaranteed Pricing, opens new tab. This new offering was created to restore confidence for families who have experienced deceptive digital pricing practices, such as bait-and-switch life insurance quotes. Fixing the Trust Gap in Digital Life Insurance With the rise of algorithm-driven life insurance platforms, many families are lured in by attractively low quotes — only to be approved at rates nearly double the original estimate. This "bait-and-switch" model, often marketed as digital convenience, leaves many feeling misled and unprotected. Wealth Express's new life insurance solution offers: 'Families shouldn't be forced to choose between fair pricing and convenience,' said Rob Graham, co-founder of Wealth Express. 'Our life insurance solution removes the guesswork, eliminates surprise price hikes and puts a human advisor back into the equation — because financial protection should build trust, not erode it.' The solution is specifically designed for working parents aged 35 to 50 who want to protect their families without being taken advantage of by hidden fees, digital bait-and-switch tactics or inflated 'convenience' markups. No More "Convenience Tax" According to internal research, many digital platforms charge up to 50% more for the same level of life insurance coverage, simply because they bypass traditional exams. Wealth Express offers the same ease — without the hidden premium. Families know exactly what they'll pay, before they ever commit. Implementation is available immediately through Wealth Express's online platform and licensed advisor network, who work directly with clients to determine the right level of coverage at a rate that doesn't change behind the scenes. About Wealth Express Wealth Express® connects individuals and families with licensed, independent financial professionals who specialize in transparent, principal-protected financial solutions. Whether securing affordable life insurance, building guaranteed retirement income or preserving generational wealth, Wealth Express helps Americans access the tools, advisors and clarity they need to plan with confidence. Built for hardworking Americans, Wealth Express believes wealth is more than money — it's peace of mind, clarity and the assurance that the future is secure. By meeting people where they are and delivering zero-risk, advisor-supported solutions, the company makes real, achievable wealth possible for everyday families. Through its nationwide network of independent certified financial advisors, Wealth Express offers top products from leading carriers, prioritizing protection over volatility and empowerment over confusion. From life insurance to retirement income planning, Wealth Express is committed to making life's biggest financial decisions simpler, safer and smarter. That's Wealth That Works.™ Learn more at opens new tab. Media Contact Richard Lorenzenrlorenzen@ ### SOURCE: Wealth Express Copyright 2025 EZ Newswire See release on EZ Newswire
Zawya
21-04-2025
- Business
- Zawya
Dubai National Insurance successfully launches innovative insurance product for the blue-collar segment
Dubai - Dubai National Insurance (DNI), one of the leading insurance companies in UAE, in collaboration with Nexus Insurance Brokers, successfully launched an innovative insurance solution 'Group Protection Plan', tailored for the blue-collar segment in an exclusive event. This initiative marks a significant milestone in enhancing the welfare of the Indian expatriate community in the UAE. At the Event, held in the Indian Consulate, The Consulate General of India in Dubai, welcomed guests at the event and reaffirmed their commitment to the well-being of Indian expatriates and played a pivotal role in supporting this important initiative. The new insurance solution sets a new benchmark in addressing the unique needs of vulnerable workers, offering comprehensive financial protection and support. Speaking on the significance of the initiative, Mr. Satish Kumar Sivan, Consul General of India in Dubai, said: 'This provides crucial support to the families of labourers, a segment of society that has often been underrepresented, as it covers deaths that happen not just in the UAE, not just while they are at work, but also wherever they are in the world. At the Consulate, we have always prioritised the well-being of Indian expatriates and support companies and initiatives that reflect this commitment. We encourage employers to view this proposal positively, as it ultimately benefits their own members.' Mr. Tarun Khanna, CEO of Nexus Insurance Brokers, added, 'This collaboration highlights our shared mission to create a safety net for those who need it most.' Employers will benefit from the simplicity of securing Group Term Life Insurance policies for their blue-collar workforce through DNI. Underscoring DNI's commitment to worker welfare, Mr. A R Srinivasan, CEO of DNI, emphasized, 'Blue-collar workers are the backbone of many industries, yet their access to financial protection and healthcare is often limited. This product exemplifies our commitment to their welfare, providing robust and cost-effective insurance solutions.' The launch of this initiative reinforces DNI's broader mission to deliver inclusive and accessible insurance solutions that cater to the needs of all communities. By simplifying access to essential coverage, DNI and its partners aim to set a new standard for worker welfare in the UAE and beyond. About DNI One of the leading Insurance Companies in UAE, Dubai National Insurance & Reinsurance (DNI), has been operating since 1991 with a branch in Abu Dhabi. We are a multiline insurer with products spanning Motor, Medical, Travel, Home and other commercial insurances like Group Medical, Group Life, Engineering, Marine, Property and Liability. Our expert team of insurance and reinsurance professionals will provide the best insurance policies at competitive rates compared to industry peers. Our hassle-free claims services will enhance our mutual relationship. DNI puts customer experience, innovation, financial stability, and value creation on our priority list with the approach to design tailored solutions based on a comprehensive understanding of customers and protection needs. DNI has engaged in broadening its distribution platforms and entered strategic partnerships for underwriting growth. Website: About Nexus Insurance Brokers Nexus Insurance Brokers is one of the region's premier insurance and financial advisory firms, committed to serving diverse customer needs.
