Washington National Insurance Launches Affordable Individual Term Life Insurance
Washington National Unveils Individual Term Life Insurance Product
In a proactive move to support middle-income families across America, Washington National Insurance Company has launched its new Individual Term Life Insurance (ITL). Designed to cater to the financial protection needs of underserved workers earning less than $50,000 annually, this innovative product aims to close the existing gaps in life insurance ownership.
Richard Shaffer, the Senior Vice President of Worksite Sales, has pointed out the stark reality: only 31% of individuals in this income bracket possess life insurance coverage. The release of the ITL product proposes to address this significant oversight, offering a solution that is both affordable and easy to comprehend.