Coronavirus: Policygenius Part Two

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 16 August 2020

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Policygenius, the nation’s leading online insurance marketplace, recently announced the launch of a mobile app that enables consumers to create wills and trusts conveniently on their phones. Consumers can also shop for life and home insurance from the app, creating a mobile one-stop shop for key financial protection needs. To help explain it all, we're joined this weekend by co-founder and CEO, Jennifer Fitzgerald. We also dive into a variety of other topics, such as recent trends in the insurance industry, the future of the workplace, and how current economic conditions are impacting the company. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill on Money Coronavirus Market Update. It is Sunday August 16th
0:10.4	and we are continuing our weekend conversation with the CEO of policy genius Jennifer Fitzgerald.
0:18.0	Yesterday we talked about their new estate planning product, very exciting.
0:23.1	Today we're talking about policy genius
0:25.6	and what's going on there, trends in the insurance industry,
0:29.2	and the future of work, not to mention the economy.
0:33.4	Here is the second part of our interview with Jennifer Fitzgerald.
0:37.4	How is business?
0:38.6	How is the life insurance, homeowners, renters, auto insurance, like, how's it going right now?
0:44.0	Surprisingly and thankfully really well. What we have found since the onset of the COVID-19
0:51.0	pandemic is interest in life insurance specifically has really surged.
0:56.3	In Q2, when everything was happening all at once, we've actually found that interest for life insurance, interest in estate planning really
1:05.3	surged in terms of people searching for it on Google.
1:08.6	We saw growth in that business for the life insurance side.
1:12.4	And then interestingly on homeowners insurance that has also
1:15.8	searched and we've seen higher consumer interest higher search on Google than we have in the
1:21.2	last few years.
1:22.6	And what we've seen, and I think you've talked about this,
1:25.3	is that interest in refinancing, these low interest rates,
1:29.2	people moving out of cities,
1:30.5	or buying a home out in the country
1:32.4	has really driven a lot of new home buying activity,
	...

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