Every life insurance policy should be as unique as the individual it insures. Finding the right policy for you involves an understanding of your financial situation, your family structure, and your lifestyle. But even two families with the exact same characteristics might require very different recommendations.

That’s because you really can’t capture the essence of someone on paper. To truly craft the right policy for you, something a little less tangible needs to be considered - your family’s objectives and philosophy.

Assessing your life insurance needs

Life insurance is a security blanket, designed to protect your loved ones from financial burden in the event of your passing. But what exactly does “protect your loved ones from financial burden” mean? For some, it might mean making sure your family will not have to make any lifestyle changes if you were to die (not having to downsize their home and continuing to take the annual family vacations, for example). For others, it might mean making sure necessities like food, shelter, and clothing can be paid for.

PolicyMe is the Bespoke Life Insurance Solution

Unfortunately, too often life insurance recommendations are based on a simple “income replacement” calculation, which multiplies your annual salary by an arbitrary number to determine your coverage need. That one-size-fits-all strategy just doesn’t sit well with us.

At PolicyMe, we believe that recommendations should be as unique as the needs of you and your family, so they have access to the security they need at the best possible value.

Our easy-to-use life insurance checkup helps you in setting your objectives by looking at all the personalized factors unique to you and your family. Our proprietary algorithms do the rest, analyzing your partner’s income, family savings and family spending habits to calculate the amount of coverage that matches your objectives.

No two families are identical, why should their life insurance be the same? That’s why PolicyMe is here for you.

Laura McKay

COO & Co-Founder

Laura brings 7 years of experience working in insurance & strategic operations as a management consultant at Oliver Wyman, after experiences at Manulife and Munich Re. In 2017, she launched a successful initiative for the World Economic Forum focused on innovation in insurance, working closely with insurers, tech pioneers, and policy-makers.

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