Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

CMIdirect To Sell Instant Term Life Through Web

Your article was successfully shared with the contacts you provided.

NU Online News Service, Dec. 7, 10:52 a.m. –, Sunland, Calif., has agreed to sell “Instant Term” life insurance from American Life Insurance Company of New York through its own Web site, at

CMIdirect will also sell the American Life term coverage through financial institution Web sites.

Customers who pass a quick, online screening process can buy three months of immediate coverage from American Life through the CMIdirect sites, CMIdirect says.

While the temporary coverage is in effect, American Life will collect complete underwriting information, then decide whether to issue full 10-year or 20-year term coverage, CMIdirect says.

American Life, subsidiary of Inviva Inc., New York, is licensed to sell insurance in all 50 states, CMIdirect says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.