Bank of America Offers Life Insurance Online
Bank of America Corp. [ticker: BAC] debuted a life insurance product that consumers can apply for online and without a medical exam.The program, dubbed Simplified Life and accessible at www.bankofamerica.com/simplelife, offers life insurance for amounts ranging from $25,000 to $150,000. If approved, customers are immediately enrolled. The coverage is underwritten by New York-based First Great West & Annuity Insurance Co.
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