Legal
Life Insurance Disclosure
How life insurance works when you get a quote or apply in the alooola app.
Who handles your application and policy
Life insurance in the alooola app is offered through Eleos Life Insurance Services, a licensed insurance agency. When you apply, your application continues on Eleos's secure site. Eleos is your insurance agent: it handles your application and your policy, and answers your questions about them.
Who issues your policy
Your policy is issued and underwritten by the insurance company named in your application. That company decides whether to offer you coverage and sets your final price. Prices shown in the app before you apply are estimates.
alooola's role
alooola, LLC is an investment adviser. alooola is not an insurance company or an insurance agency, and does not issue or underwrite policies. Your policy is a contract between you and the insurance company.
Your information
To get you a quote, alooola sends Eleos the details you confirm in the app: your name, date of birth, contact details and address, and your answers to the quote questions. Eleos tells alooola when your application or policy status changes, so the app can show where things stand. Eleos handles your information under its own privacy policy.
Questions
For questions about your application or policy, contact Eleos through the app. For questions about this disclosure, contact our compliance team at compliance@alooola.com.