What:
The collaboration allows Bubble to embed IncomeSense, an income protection life insurance product developed by Afficiency and Western & Southern, alongside or after the home and mortgage purchase process.
Why:
By embedding IncomeSense into its native environment via Afficiency’s proprietary API, Bubble takes the friction out of applying for and purchasing income protection enabling borrowers to easily protect their family.
How:
- IncomeSense is a declining term life insurance solution that can provide monthly income payouts to life insurance beneficiaries to cover monthly mortgage payments or replace a wage earner’s income.
- It is offered 100% digitally on Bubble’s online platform, with policy decisions provided in minutes, without any medical tests.
- It is essentially a digital insurance solution that can help ensure the standard of living that a family enjoys will remain in reach, even if the unthinkable happens.
- For homeowners with a mortgage, it can also help cover mortgage payments to ensure the family always has a home.