May 25, 2005 at 08:00 PM
The Phoenix Companies Inc. has introduced a life insurance policy designed for affluent clients who hate to wait.[@@]
The Hartford company’s new Phoenix Express VUL policy offers up to $1 million in coverage through a simplified issue underwriting process.
Phoenix will screen clients by asking them to answer 4 questions. Clients who pass the screening process may be able to buy coverage within hours without undergoing a medical exam, Phoenix says.
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