SelectQuote introduces SwiftTerm Select SelectQuote announced a partnership with Symetra Life Insurance Company and Munich Re Life US to bring SwiftTerm Select, a new “instant decision point-of-sale term life insurance product with competitive rates,” to the SelectQuote platform. Beginning in the fourth quarter of 2022, qualified consumers ages 18-60 will be able to acquire up to $2 million of same-day coverage without a medical exam through SwiftTerm Select. SwiftTerm Select will be sold exclusively through SelectQuote Insurance Services SelectQuote Insurance Services "> The customized term life product will offer instant decision underwriting through alitheia, a Munich Re...
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SelectQuote partners with Munich Re Life US & Symetra Life for product launch SelectQuote has announced a partnership with Symetra Life Insurance Company and Munich Re Life US to bring SwiftTerm Select, its new instant decision point-of-sale term life insurance product, to the SelectQuote platform. SwiftTerm Select will be sold exclusively through SelectQuote, the customised term life product offering instant decision underwriting through alitheia, a Munich Re Life US platform. Policies will be issued by Symetra and exclusively reinsured by Munich Re Life US. Phil Williamson, Vice President of Business Development at SelectQuote, commented, “We are committed to transforming the...
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On October 7, 2021, Bernstein Litowitz Berger & Grossmann LLP filed a class action lawsuit for violations of the federal securities laws in the U.S. District Court for the Southern District of New York against SelectQuote, Inc. (“SelectQuote” or “the Company”), certain of the Company's senior executives, members of the Company's Board of Directors, and underwriters of the Company's May 20, 2020 Initial Public Offering ("IPO") (collectively, “Defendants”). The complaint expands the class period that was asserted in the previously filed related securities class action pending against SelectQuote captioned Hartel v. SelectQuote, Inc., No. 1:21-cv-06903 (...
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OVERLAND PARK, Kan.--( BUSINESS WIRE )--SelectQuote, Inc. (NYSE: SLQT) announced today a partnership with Rocket Lawyer, a global leader in online legal services. SelectQuote, a pioneer of direct-to-consumer insurance shopping, will offer consumers the ability to gain access to Rocket Lawyer’s legal services through SelectQuote while shopping for insurance. Starting in September 2022, SelectQuote will begin offering its consumers the ability to add a Rocket Lawyer membership, providing them an affordable and simple way to feel confident that they can quickly and easily find the legal help they need. Rocket Lawyer members get access to an online legal platform with thousands of customizable...
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Frequently Asked Questions About SelectQuote Why should I choose SelectQuote? Because SelectQuote offers you advantages that other online, and traditional, insurance services don‘t. In 1985, we pioneered an impartial, pressure-free way to buy individually underwritten term life insurance from competing insurance companies by phone, helping customers save hundreds of dollars on their policies. Since then, hundreds of thousands of people have saved millions of dollars with SelectQuote. Accurate quotes. Thanks to our years of experience and exclusive rate-calculation technology, you get an accurate quote from our insurance companies right from the start. No surprises. Expertise and value...
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SelectQuote’s financial highlights SelectQuote Insurance Services SelectQuote Insurance Services "> shared its fiscal fourth quarter and full year 2022 financial results on August 29. The highlights: Consolidated revenue totaled $139 million for the quarter. Net loss for the quarter totaled $105 million or negative $0.64 per share. Sales conversion increased 31% compared to a year ago, and customer acquisition cost decreased 35%. SelectRx business (medication management pharmacy formerly known as Express Med) finished the quarter above its original expectation of 25,000 members. SelectRx revenues are estimated to reach over $275 million in 2023. Up from $25 million in 2021 when the...
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Is Life Insurance Worth It? Life insurance can be a valuable tool for protecting loved ones from financial difficulties if you die. But paying for something you may not end up using can seem like a waste of money. Even if your policy does end up paying out a death benefit, the premiums can be expensive. So is life insurance worth it? Here’s how to decide if it’s right for you. How Does Life Insurance Work? When you take out a life insurance policy, a contract is formed between you and the life insurance company. You pay regular premiums in exchange for a lump-sum death benefit that’s paid to your beneficiary (or beneficiaries) when you die. This death benefit can be used for any purpose....
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Leading Life Insurance Providers SelectQuote Life Insurance Review may be able to allay some of your anxieties. It is entirely up to you to choose an insurance provider; SelectQuote has no control over how much you spend. SelectQuote Life Insurance, on the other hand, offers coverage for as little as $1 each day, according to the broker. SourceQuote is an insurance quote comparison website that enables you to compare quotations from up to 12 different insurance providers simultaneously. If you are candid and open about your personal information, such as your health, SelectQuote will be able to connect you with the most qualified provider at the best price. How to get a quote from...
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Director, Operations - New Business Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property. The company pioneered the model of providing unbiased comparisons from multiple, highly rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote’s success: a strong force of highly trained and skilled agents, who provide consultative needs analysis for every consumer, and proprietary technology that sources and routes high quality leads. The company has three core business lines: SelectQuote Senior,...
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Types of Life Insurance Sold by Ethos Ethos term life insurance Term life insurance is an option for people seeking steady rates for a level term period. Ethos offers no-exam term life insurance with coverage up to $2 million for buyers up to age 50. The level term length options are 10, 15, 20 or 30 years. This term policy is renewable up to age 94, but the death benefit will be reduced with each renewal. Ethos also offers traditional term life insurance that is fully underwritten (requires a medical exam) for customers seeking higher coverage amounts. Ethos whole life insurance For people looking for a lifelong insurance policy, whole life insurance is an option. Ethos whole life...
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