Lifepolicyweb.com is the website of eLifePolicy that is brought to customers as a cooperative effort between two respected insurance organizations: HSBC Insurance and Spectrum Direct Insurance Services, Inc. Its purpose is to provide a simplified application and issue process for consumers wishing to apply for and obtain life insurance via the Internet. They have designs the process to be quick and efficient for qualified applicants. Its philosophy is to provide coverage from one of the best rated companies utilizing what they believe to be State-of-the-art technology resulting in speed and efficiency for the consumer. Some of the benefits that offers its product is generous coverage amount up to $500.000, competitive and guaranteed level premiums available in 10, 15, 20, and 30 year terms, your life insurance can be renewable up to age 80 without evidence of insurability, you will get immediate in-force policy printable online with no direct agent contact necessary, and you pay for your premiums directly with your credit card or electronic funds transfer through your checking or savings accounts.