Haven Life Partners with Asteya to Provide Steady Monthly Term Life Insurance Benefit to Clients

NEW YORK, May 25, 2022 /PRNewswire/ — Haven Existence, the electronic lifetime coverage agency backed and wholly owned by Massachusetts Mutual Life Coverage Business (MassMutual), has introduced a new partnership with digital insurance system, Asteya. By using the partnership, Haven Life’s Haven Safe, a expression daily life coverage merchandise, will be available for buy straight to customers on the Asteya website and via Asteya’s community of agent and broker companions.

Asteya focuses on supporting individuals insure their money for the future, so folks can focus on dwelling currently. By leveraging Haven Technologies’ API to thoroughly embed the Haven Secure supplying and getting method on the Asteya site, Asteya is supporting men and women do just that–take the guesswork out of how significantly existence insurance defense they need to have by picking out protection that mirrors their month-to-month cash flow or matches a big recurring price (like a property finance loan). Creating it even far more effortless is that customers–whether applying straight on the Asteya website or by way of an agent or broker partner–do not will need to go via a medical examination to finalize protection for Haven Secure, allowing candidates to receive a choice in minutes.

As soon as purchased, if the policyholder ended up to die within just the chosen phrase size (up to 30 a long time from the day of buy), Haven Safe would supply their beloved types with a regular every month profit until finally the close of the phrase or five many years, whichever is more time.

“Much too normally, folks place off getting lifetime insurance policy mainly because of confusion around how a great deal coverage they truly will need. With Haven Secure, our intention is to get absent that guesswork,” stated Wade Seward, Head of Distribution Tactic at Haven Lifestyle. “In chatting with Asteya, we recognized a normal alignment in our goals–take the stress out of tomorrow to be certain you can focus on currently. We are psyched about encouraging Asteya’s consumers and network of agent and broker associates get that peace of intellect.”

“Asteya is laser centered on helping our clientele slash as a result of the complexity of the common coverage purchasing process and make positive they have the earnings stream they need to have to defend their families,” mentioned Hadi Radwan, Co-Founder at Asteya. “Haven Secure’s modern strategy to furnishing a continual regular benefit to clientele is exactly the type of policy that will assist our buyers, agents and brokers realize that promise.”

For extra information and facts about Haven Protected, visit https://havensecure.havenlife.com/. Information about how to be part of Asteya’s husband or wife network is out there at https://www.asteya.planet/husband or wife.

About Haven Lifestyle

Haven Lifestyle Insurance policy Agency, LLC (Haven Lifetime) is re-considering how men and women economically secure the types they enjoy. Haven Daily life is committed to delivering fantastic items, delightful obtaining encounters, and significant times of services to the contemporary existence insurance policies customer.

Haven Safe is a Term Everyday living Insurance policy Policy (ICC20DTR 0420 in sure states, which include NC) issued by C.M. Everyday living Insurance plan Business, a subsidiary of MassMutual, Enfield, CT 06082. Policy and rider sort numbers and capabilities may possibly vary by state and might not be readily available in all states.

Issuing the coverage or having to pay its added benefits relies upon on the applicant’s insurability, based mostly on their answers to the wellbeing questions in the software, and their truthfulness.

About Asteya

Asteya is an insurtech company whose mission is to make cash flow insurance coverage accessible to anybody. Asteya’s aim is to guidance people’s economical, actual physical, and mental well being so they can concentration on dwelling. Asteya was established in 2019 and is backed by I2BF Ventures, Funds Manufacturing unit, Cap Meridian Ventures, and Northstar.vc. For much more information and facts on Asteya, its mission, and its goods pay a visit to www.Asteya.entire world.

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