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Haven Life and Blend merge to bring life insurance into the home buying process

Digital life insurance agency Haven Life has concluded partnership with cloud service provider Blend. Within its framework, the companies will be able to offer customers life insurance products during the real estate purchase, writes PRNEWS.io.
Haven Life and Blend merge to bring life insurance into the home buying process

“Buying a home is one of the milestones and largest investments in a person's life, - says Wade Seward, Head of Distribution Strategy at Haven Life. - The partnership with Blend gives us the opportunity to sell life insurance policies to new homeowners. The process is noticeably simplified, and the transaction is completed faster.”

The partnership will help Haven Life continue its mission to make life insurance more affordable for all US households. Modern digital instruments allow consumers to conclude insurance contracts quickly and easily using online applications.

Approximately 66% of Americans owned their homes in 2022, with 26% of that group buying a home for the first time. Most of them took out mortgages, and only 23% of all US homeowners inherited them.

Blend's comprehensive software also makes it easy to get a life insurance policy when a person takes out a mortgage. This partnership will allow Haven Life to offer life insurance through Blend Insurance.

“We're excited about the partnership with Haven Life so as to bring life insurance options to homeowners across the country, - said Joe Perry, Group Manager at Blend insurance agency. - Haven Life's commitment to innovation and customer-centric solutions is in line with our mission to simplify and improve the home buying process from application to closing. Together, we can give homeowners the peace of mind knowing their investment and lives are secured.”

Source: https://www.prnewswire.com/news-releases/haven-life-and-blend-join-forces-to-incorporate-life-insurance-into-the-home-purchase-process-301883480.html 

Photos are from open sources.

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