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HomeLife InsuranceVantis Life Insurance coverage Firm Evaluation for 2021

Vantis Life Insurance coverage Firm Evaluation for 2021


Execs

  • Accelerated underwriting
  • Established model and monetary repute
  • Insurance policies as much as $5 million
  • No medical examination choices

Cons

  • Restricted info to make claims
  • Unclear claims course of

Who Is Vantis Life?

The Vantis Life Insurance coverage Firm, a subsidiary of Penn Mutual Life Insurance coverage Firm, broke into the insurance coverage trade in 1942 with specializations in reasonably priced annuities and life insurance coverage.

The corporate’s mission is to offer households with a simplified insurance coverage expertise by means of easy-to-understand merchandise and personable service.

vantis life insurance company reviews

Whereas Vantis Life has made a reputation for themselves within the life insurance coverage market, they do not rank as one of many 100 largest insurance coverage suppliers in the USA.

None the much less, the corporate at the moment manages greater than $4.9 billion in lively insurance policies and $674 million in annuities.

Vantis Life just lately earned the BISA Expertise Innovation Award for excellent underwriting know-how and digital fee processing.

This award acknowledges modern monetary establishments that push developments throughout platforms, providers, and merchandise.

Vantis Life additionally holds an A+ score from A.M. Finest, which is the second-highest doable rating out of 16.

Life Insurance coverage made straightforward.

Brokers not required.

Get quotes and enroll on-line with out speaking to an agent. However, we’re right here for those who want us. 

Unbiased, professional recommendation.

Get unbiased insurance coverage training from licensed consultants and in addition keep away from dodgy gross sales calls.

What Makes Vantis Life Insurance coverage Totally different?

Vantis Life stands out for its strategy. The corporate has shifted to direct-to-consumer digital advertising that makes discovering and shopping for insurance coverage extra accessible.

It is advertising campaigns paint middle-class households with life insurance coverage because the spine of America.

Their accelerated underwriting course of can be a major profit of selecting Vantis Life.

That streamlined utility course of is on the market for insurance policies with and with out medical exams.

The corporate additionally just lately doubled down on customer support, making it a central tenant of its enterprise.

This startup mentality is why potential shoppers are hard-pressed to search out unfavorable Vantis Life Insurance coverage Firm evaluations.

Options & Advantages

Velocity Time period Life Insurance coverage

Velocity Time period Life Insurance coverage presents a cheap answer that covers untimely demise.

Velocity merchandise include real-time processing and underwriting, so there may be minimal downtime after utility submission. Protection ranges from $50,000 to $2 million.

Time period life insurance coverage supplies non permanent protection with ten-year phrases costing roughly half as a lot as a 30-year plan.

The insurance policies stay lively as lengthy a policyholder continues making funds.

Making use of for Velocity Time period Life Insurance coverage requires a short survey that asks about well being, household historical past, job, and pursuits.

Vantis Velocity Time period ROP

Vantis Velocity Time period ROP supplies comparable safety to a normal time period coverage. The distinction is the Return of Premium (ROP) lets you earn a refund.

Vantis Life pays 100% of your paid premiums in the course of the degree interval, the place the worth stays the identical.

You’ll be able to take out 20-, 25-, or 30-year Vantis Velocity Time period ROPs. The reimbursement is tax-free so long as you outlive the phrases. Be aware that there are further charges and premiums constructed into the protection.

Assured Golden Remaining Expense Insurance coverage

Assured Golden Remaining Expense Insurance coverage, often known as burial insurance coverage, covers end-of-life bills.

Candidates have to be 50 to 80 years outdated to use, although exact ages differ from state to state.

Every coverage comes with a assured demise profit that beneficiaries can use to pay funeral, medical, bank card, and tuition payments.

Vantis Life fixes the premiums and protection for so long as the coverage is lively. There are not any medical exams, and you will obtain a refund for those who’re not glad inside the first 30 days.

Vantis Life presents versatile fee dates, too.

Velocity Complete Life Flex Full

Velocity Complete Life Flex Full is essentially the most complete insurance coverage protection Vantis Life presents. It protects the complete household.

There are even choices so as to add terminally or chronically unwell riders with out rising your premium.

This characteristic allows you to entry a portion of the demise profit when you have most cancers, ALS, or HIV/AIDS.

Vantis complete life insurance coverage comes with built-in money worth you could defer for tax functions.

Protection limits go as much as $1 million and include Vantis Life’s real-time underwriting. You’ll be able to improve or supercharge your protection for an extra payment.

Vantis Life Insurance coverage Availability

Vantis Life merchandise can be found by means of unbiased insurance coverage companies throughout the USA, excluding Connecticut, Massachusetts, and New York.

Be aware that phrases and circumstances are topic to vary primarily based on the state.

Vantis Life additionally has some restrictions.

As an illustration, complete life insurance coverage protection is barely out there for folks between the ages of fifty and 80.

Nevertheless, you should purchase time period life insurance coverage as younger as 21 years outdated and not using a medical examination.

Life Insurance coverage made straightforward.

Brokers not required.

Get quotes and enroll on-line with out speaking to an agent. However, we’re right here for those who want us. 

Unbiased, professional recommendation.

Get unbiased insurance coverage training from licensed consultants and in addition keep away from dodgy gross sales calls.

Protection in minutes.

You may get life insurance coverage protection inside minutes of getting your quotes and making use of.

Claims Course of & Assure

Surprisingly, there may be little or no info on-line relating to the Vantis Life claims course of.

What is understood is that, not like most life insurance coverage corporations that permit on-line claims, Vantis Life would not present an internet portal or info.

They don’t even provide the mandatory kinds on-line.

Your beneficiaries might want to contact the customer support staff at (860) 826-8471 to file a declare.

Taking Motion

Vantis Life has repositioned itself in a languishing trade.

Their savvy advertising campaigns and emphasis on customer support make them ultimate to fulfill the insurance coverage wants of middle-class households.

Fast utility occasions and affordability make their insurance policies engaging, no matter age or well being.

Nevertheless, their lack of on-line accessibility could also be a disadvantage for some candidates.

In brief, Vantis Life isn’t good, however their insurance policies are value consideration. Click on right here to get a quote and get began in the present day.

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