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Afficiency for Life Insurance Agencies

There is an old adage that life insurance is sold, not bought, and this continues to ring true. Life insurance agents continue to play a crucial and dominant role in our industry. According to LIMRA, almost 90% of life insurance policies are sold with the assistance of a life insurance agent. Consumers continue to rely on agents for advice and assistance when making this important financial decision. Afficiency has always recognized the role of life insurance agents - our mission is to reinvent life insurance and the life insurance buying process. We want to make life insurance completely digital, easy to purchase and accessible to all. We can only achieve our mission with the help of life insurance agents.

The Life Insurance Protection Gap

50% of American adults - that's 129,000,000 Americans - say that they don't have life insurance1. At the same time 41% of American adults say they need either need some more life insurance. The life insurance protection gap remains a major problem in the U.S. 

Afficiency values the role of the life insurance agent - as an advisor and trusted consultant for...

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The Life Insurance Protection Gap

50% of American adults - that's 129,000,000 Americans - say that they don't have life insurance1. At the same time 41% of American adults say they need either need some more life insurance. The life insurance protection gap remains a major problem in the U.S. 

Afficiency values the role of the life insurance agent - as an advisor and trusted consultant for consumers who have made the sensible decision to seek out life insurance coverage.

The role of the life insurance agent has continued to evolve in the last several years - primarily driven by agents' need and desire to access innovative products and digital tools.

 

1. LIMRA 2022 Barometer Study 

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100% digital platform

Afficiency equips life agencies with a 100% digital platform where they can effortlessly deliver easy-to-understand, instantly underwritten life policies in a matter of minutes.

100Digital
100% digital

100% digital enabled life insurance products

Compensation
Compensation Plan

Attractive compensation packages with next day commission

application
Application Process

Hassle free application process - requiring no scheduling for medical exams, fluids, requesting and waiting for attending physicians statements

Decision
Quick Decisioning

Quick decisioning with opportunities for cross-sell and down-sell

Friction
Frictionless process

Frictionless process with both the applicant and agent in mind

PaymentCapture
Payment Capture

Payment capture and one-click application signing

Policy
Instant Decision

Instant decision and policy issuance

Store
Storefront branding

Bespoke storefront branding

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Address

Afficiency, Suite 404
101 Greenwich Street, New York, NY, 10006

 

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