Today’s Banking Incentives Are No Longer Cutting It
Interest rates and convenience are no longer enough to attract and retain deposits. A century of offering the same thing has resulted in an oversaturated market with institutions offering the same bland benefits.
How do you transcend the competition and attract and retain more deposits?
Life Benefit from Wysh
Life Benefit gives your account holders what they want – financial peace of mind. We are reshaping how consumers bank by encouraging a protection-focused approach driven by never-before-seen financial benefits.
Here’s How It Works
Life Benefit will embed micro life insurance coverage equal to 1-10% of account holders’ deposits and sit above their account balance. The benefit is paid directly to the account upon the account holder's death.
Life Benefit – Improving consumer deposits with financial protection
Americans want Life Benefit
The Value of Life Benefit
Capture New and Retain Existing Customers
Adding Life Benefit gives you an additional lever to pull, and subsequently additional flexibility, as interest rates rise and fall - bring true innovation to a 150+ year old product.
Create Cost Savings Opportunities
Adding Life Benefit provides additional versatility for managing your deposit cost and unique differentiator as you navigate crediting costs through rate changes.
Low Implementation Lift
Massive innovation with low implementation lift. Life Benefit utilizes existing procedures and can be implemented in as little as 30 days.
Help Close America’s Insurance Gap
Capture more than 106 million Americans that are not adequately protected. 2
Who is Wysh?
Wysh is an AM Best A- Rated Life Insurance Carrier
Life Benefit is reinsured by Gen Re.
Wysh is a subsidiary of Northwestern Mutual.
Get in Touch with Us
Interested in learning more about Life Benefit from Wysh? We love talking about our product and the future of financial protection. Simply submit this form and someone from our sales team will reach out to schedule a call.contact sales