First SymetraSM National Life Insurance Company of New York Named Preferred Provider of Term Life Insurance for The Bank of New York
New York, NY — (March 9, 2005) — First Symetra National Life Insurance Company of New York, New York, NY., has been named a preferred provider of term life insurance for The Bank of New York, the nation’s oldest bank with 341 retail branches serving 700,000 customers throughout New York, New Jersey and Connecticut.
First Symetra was an early leader among life insurance companies to introduce an online quote and application tool that allows bank platform representatives to quote, apply for and bind coverage in as little as 10 minutes for qualified applicants, making this an innovative and important tool for bank representatives and their clients. This tool,
Symetra Express, provides immediate coverage under the Temporary Insurance Agreement while the coverage is underwritten.
"First Symetra is committed to providing The Bank of New York with management and marketing support, in addition to education and training, as it offers the financial protection of term life insurance to its clients," said Mike Korthaus, managing director of First Symetra’s financial institutions sales. "The combined power of the
Symetra Express tool and First Symetra’s comprehensive support package is one reason we’re rapidly emerging as a leader in bank-sold life insurance."
About First Symetra National Life Insurance Company of New York
First Symetra National Life Insurance Company of New York is a member of a group of affiliated financial services companies. The company works in partnership with agents and advisors, providing annuities, life insurance, group employee benefits and retirement plans to customers throughout New York.
Term life insurance for customers in Connecticut and New Jersey is issued by Symetra Life Insurance Company of Redmond, Washington.
Symetra is a service mark of Symetra Life Insurance Company. Visit
www.symetra.com for more information.
