Navy Federal Financial Group (NFFG) has unveiled a faster way for consumers to research and get life insurance via the company´s online life insurance platform, the company said.
The site allows users to: view educational videos, compare products, receive a quote and buy a policy online.
NFFG partnered with Navy Mutual Aid Association and 1ClickCoverage to provide insurance policies on their new platform. Policies for military members have no military restrictions or war clauses. Most of the policies are available for purchase online with no medical exam. On average, users can research, apply and buy a policy in about 10 minutes.
Navy Federal Financial Group (NFFG) is a wholly owned subsidiary of Navy Federal Credit Union and is a licensed insurance agency that operates in all 50 states. Navy Federal Credit Union is a large credit union with more than USD76 billion in assets, six million members, 286 branches, and a workforce of over 14,000 employees worldwide. The credit union serves all Department of Defense and Coast Guard Active Duty, civilian and contractor personnel and their families.