(Image source: Modern Life.)
Modern Life, a tech-enabled life insurance brokerage has announced that financial professionals using the Modern Life platform will now have access to John Hancock’s suite of insurance strategies, including term, permanent and variable life products.
Financial professionals can leverage Modern Life’s digital underwriting capabilities and end-to-end platform to generate quotes, submit applications, and manage in-force policies from John Hancock, underscoring both companies’ commitment to helping modern financial professionals leverage digital solutions to grow their businesses and confidently serve their clients, a Modern Life statement says.
Modern Life describes its technology and brokerage solutions as using data and analytics to accelerate risk management and reduce the quoting process from weeks to just a few days. The platform provides a centralized source for financial professionals to view client information and application statuses and a window into their practices, showing commissions, appointments, and other resources, the company says. Modern Life notes that its technology is supported by a full-service brokerage team specializing in assisting financial professionals with complex cases, offering in-house medical underwriting, advanced case design, and sales resources.
“At John Hancock, we consistently look for technology-driven, innovative ways to streamline the life insurance purchase process for both financial professionals and end customers,” comments Fred Deminico, Head of Sales, John Hancock. “Modern Life shares this commitment, and we are proud to offer our products on their platform.”
Transforming the Life Insurance Buying Process
“In working with John Hancock, we are better equipping financial professionals to provide clients with the best possible solutions for protecting their loved ones,” comments Michael Konialian, CEO and Co-founder Modern Life. “This collaboration supports our goal of transforming the life insurance buying process, making it dramatically easier to purchase life insurance while still accommodating complex needs and strategies.”