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Covr Financial Technologies, Americo and SCOR Join Forces to Launch New Life Insurance Product Aligned with Consumer and Business Lending
LoanMatch Protector provides life insurance tailored to loan amortization schedules, including mortgage and small business loans
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HARTFORD, Conn., Jan. 15, 2021 /PRNewswire/
Covr Financial Technologies (Covr), Americo Financial Life and Annuity Insurance Company (Americo), and global reinsurer SCOR are today announcing the launch of LoanMatch Protector, a first-of-its-kind life insurance policy customized to a consumer s specific loan amortization schedule. This new collaboration brings LoanMatch Protector to customers of banks, credit unions, lenders, e-banks and direct lenders through Covr s industry-leading, white-labeled digital life insurance platform. Covr has made it easy for customers of their partner financial institutions to purchase coverage during or after their loan applications through seamle