Industry Insights

Vantis Life Launches Velocity, its web and mobile-based, DIY life insurance application process

Vantis Life Insurance Company insurance has introduced Velocity, its web and mobile-based, DIY life insurance application process to mass-market consumers.

All Velocity products feature the possibility of expedited underwriting, which can deliver a policy decision in as little as a few minutes and without the need for a medical exam.

“The modern middle-income consumer craves an ease-of-purchase experience for nearly every transaction, and it’s time the life insurance industry delivers on that need,” said Ray Caucci, Chairman and Chief Executive Officer at Vantis Life. “Our online experience coupled with expedited underwriting technology will empower consumers, whether they’re just starting their family or looking to pass assets to the next generation, with simple and sound life insurance coverage.”

The product suite includes Velocity Term Life Insurance and Velocity Whole Life Insurance, along with Vantis Life’s final expense product, Guaranteed Golden, and SPWL product, EstateWise Platinum.

Vantis Life is a separately operated subsidiary of The Penn Mutual Life Insurance Company.