NEWS FROM VANTIS LIFE INSURANCE COMPANY
For Immediate Release
Contact: Craig Simms
Broad footprint allows company to expand bank and credit union relationships(East Hartford, CT) – Vantis Life Insurance Company announced today that it has been admitted to 49 states, recently adding New Mexico, Nebraska and Nevada. Gaining admittance to the state of New York is now a focus for the Company, which distributes life insurance and annuity products through financial institutions.
“Having access to 49 states is important to our overall business plan,” noted Craig Simms, Senior Vice President of Marketing for Vantis Life. ”This expanded footprint allows us to expand existing bank and credit union relationships that have large regional and sometimes national footprints. It also positions us well to accelerate discussions with larger prospective partners and introduce them to our exclusive online life insurance quote and e-application program.”
Vantis Life had been domiciled only in Connecticut until 2002, when it began its expansion program. The Company now distributes its products through 25 bank partners in Connecticut and an additional 15 banks and credit unions in 30 states.
Founded in 1942, Vantis Life (www.vantislife.com) makes life insurance affordable for hard-working American families. With the financial strength of more than $700 million in assets and an A-Excellent rating from A.M. Best, Vantis Life is sold by licensed representatives at financial institutions and through a professional, licensed direct sales force in the East Hartford, Connecticut headquarters. Vantis Life partners exclusively with banks and credit unions, helping to add non interest fee income and adding valuable products per household.
Vantis Life’s complete, easy to sell product line includes underwritten term and whole life, simplified issue term and whole life, single premium whole life and guaranteed issue senior products. All products are quoted and applications submitted via AgentWeb, Vantis Life’s exclusive online solution that speeds the application process at the point of sale and eliminates administrative errors.For more information about Vantis Life Insurance Company, visit www.vantislife.com.