Algoli LLC and its subsidiaries and affiliates (collectively, “Algoli” or the "Company") make life
insurance simpler for people to buy online. These Terms of Use (the “Terms”) outline the rules and
expectations that protect both you and Algoli. Our goal is to keep them simple and easy to understand. If
there's something you're not sure about, please reach out to us.
We use the term "Services" to refer to any of the products and services we sell online, any site information
or Services provided on https://mylifeinsuranceforelderly.com/ or our affiliated sites (collectively, the “Site”),
and the growing community of people who use our platform. When we write "we", "our", "us", or "Algoli", we
mean Algoli LLC. And, any time we write "you" or "your", we mean the person who is using our Services (and
reading these Terms).
Remember: if you buy insurance using Algoli, there are important laws, rules, conditions, exceptions, and
requirements that apply to you and your insurance carrier for your issued insurance policy. Your rights and
responsibilities are explained in your insurance policy, which will be digitally provided to you after you
sign and remit your first payment. It will also be available in your Algoli Account.
These Terms apply to you. You agree, as long as you continue to use our Services, to accept and follow these
Terms, and to only use our Services as permitted. You understand that Algoli sells insurance and should only
be used by those who can legally buy an insurance contract where they live. Our Services are not available
to minors. Specifically, by using or applying for Services, (i) you must be the person being insured on the
policy; (ii) you must be the person that owns and pays for the policy; (iii) the primary purpose of the
policy must be to protect your family; and at the time of submitting your application, (iv) you do not have
any agreements in place to assign/sell the policy for which you are applying.
By using our Services, you agree that all communications from us relating to products and Services,
including insurance products, offered through the Site may be provided or made available to you
electronically by e-mail, SMS text message, or at the Site. You further agree that we may accept an
electronic signature from you, and that this electronic signature will have the same binding effect as a
physical wet signature and will appear on all records related to the provision of any such products and
services.
You agree that you have the ability to access, view, store, download, and print communications, documents,
and hyperlinks we deliver or make available to you electronically through your computer or on your mobile
device. You can find apps that support printing and saving electronic communications using your mobile
device’s app store. If your mobile device does not have this functionality, you must access the Site through
alternate means that provide you with the capability to print and save communications.
You may withdraw your consent to electronic communications and to use an electronic signature at any time.
If you do withdraw your consent, from that time forward (1) you will be unable to apply for products or
services, including insurance products, through the Site, and (2) we will be unable to continue processing
any pending applications for products and services, including insurance products. To withdraw your consent
of doing business electronically, please send us a written notice by email at hello@mylifeinsuranceforelderly.com.
Our Services are offered through our licensed insurance producer entity, Algoli LLC. Algoli is not an
insurance carrier. Instead we provide the products and services of our admitted insurance carrier partners
licensed to sell insurance in your state. Not all products are available in all states. Algoli is paid
commissions and may receive other performance-based compensation for its services. You can find a list of
Algoli insurance licenses at this link.
The products we offer are only for people who live in the United States. We don't and don't intend to sell
insurance products outside the United States, or anywhere Algoli isn't licensed.
Algoli generates quotes for life insurance products. These prices change based on your answers to our questions and information collected during your application, your choices for different products, or due to changes of insurance pricing guides. For example, if you apply for life insurance just before your birthday, but don't pay for it that day, it can cost more a few days later --- as it's after your birthday and your price may go up as you get older. Whenever you leave your application before you pay, your price may change. Your price isn't final and set until you sign your insurance contract with our insurance carrier and pay your initial premium.
WE DO NOT PROVIDE ANY WARRANTIES WITH RESPECT TO THE USE OF THE SERVICES, INCLUDING ANY AND ALL SOFTWARE
INCLUDED THEREIN, WHICH IS PROVIDED "AS-IS". YOU USE OUR SERVICES WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OR
CONDITION OF ANY KIND, AT YOUR OWN RISK. Algoli DISCLAIMS ANY AND ALL WARRANTIES OF MERCHANTABILITY, FITNESS
FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. We do not take on or assume any responsibility for any harm,
loss, or corruption to you, your computer, or your data (or any third party data or computer) from your use
of our Services. Some states don't allow for these limitations of liability. If you live in one of these
states, then these warranties will be limited and the limitation on liability will be $100.00 in the
aggregate for any and all claims.
The Services include information to help you think through what insurance is best for you. We aren't a
replacement for your lawyer, financial advisor, or tax planning specialist. We simply provide useful
information to help you think through your insurance decisions.
IN NO EVENT SHALL (I) Algoli BE LIABLE TO YOU OR ANY THIRD PARTY FOR SPECIAL, INDIRECT, PUNITIVE,
EXEMPLARY, OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, REVENUES OR SAVINGS, EVEN IF WE HAVE BEEN
ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE, AND (II) OUR LIABILITY FOR DAMAGES TO YOU OR ANY
THIRD PARTIES EXCEED, IN THE AGGREGATE, THE FEES PAID BY YOU TO US DURING THE LAST YEAR PRIOR TO THE DATE
SUCH CAUSE OF ACTION ARISES.
YOU ACKNOWLEDGE THAT (I) THE LIMITATIONS ON LIABILITY IN THIS SECTION ARE REASONABLE AND THAT THE PROVISIONS
OF THIS SECTION ALLOCATE THE RISKS UNDER THIS AGREEMENT BETWEEN YOU AND US (AND OUR AFFILIATES), AND (II) WE
AND YOU HAVE RELIED UPON THE LIMITATIONS SET FORTH HEREIN IN DETERMINING WHETHER TO AUTHORIZE YOU TO USE THE
SERVICES. THE REMEDIES PROVIDED TO YOU IN THE TERMS ARE EXCLUSIVE. Some states do not allow for these
limitations of liability. If you live in one of these states, these limits don't apply to you, and the
maximum liability for any of these violations will be $100.00 in the aggregate for any and all
claims.
THE TERMS AND YOUR USE OF THE SERVICES WILL BE GOVERNED BY CALIFORNIA LAW EXCEPT FOR ITS CONFLICTS OF LAWS
PRINCIPLES. ALL CLAIMS ARISING OUT OF OR RELATING TO THE TERMS OR ANY USE OF THE SERVICES WILL BE LITIGATED
EXCLUSIVELY IN THE FEDERAL OR STATE COURTS RESIDING IN SAN FRANCISCO, CALIFORNIA. WE AND YOU EACH CONSENT TO
VENUE AND PERSONAL JURISDICTION IN SAN FRANCISCO, CALIFORNIA.
You agree that these are the Terms for your use of the Services, and you have not entered into any other
agreement related to your use of the Services. We haven't and don't create any third party beneficiary
rights by the Terms. If we waive or fail to enforce any of the Terms, it doesn't waive our right to enforce
the Terms against you or someone else in the future. You may not assign any rights granted by the Terms to
any third party, and any attempt to do so will be null and void. Algoli may assign the Terms to any
affiliate, subsidiary, or any acquirer of substantially all of the assets or capital securities of Algoli.
If a provision of the Terms is found unenforceable, the remaining provisions of the Terms will remain in
full effect, and we will substitute a replacement enforceable term reflecting our intent as closely as
possible.
We will change the Terms as Algoli and the insurance industry evolves and grows over time. Your continued use of the Services, after a change to the Terms, means you agree to the Terms, including any changes. If you no longer agree with the Terms, please stop using the Services.
Insurance products are only available to people in those jurisdictions in which they may be legally sold.
By applying for insurance products through the Site, you are agreeing to (1) designate us as your agent of
record, (2) authorize us to communicate such designation to any insurance carrier, your prior insurance
producer, and any other person or entity we determine should be advised, and (3) permit us to receive any
compensation that any insurance carrier agrees to pay to us in connection with your purchase of insurance
products. With respect to any insurance product, if any term or condition of these Terms differ from the
terms and conditions of the policy, the policy’s provisions will control.
Algoli does not provide any legal, regulatory, accounting, or tax advice, and you must rely upon your own
advisors before making any financial decision.
Algoli strives to monitor, detect, and prevent transactions that may involve fraud, money laundering, terrorist financing, or other illegal activity and to report applicable situations as may be required by law. Algoli reserves the right to deny Service to anyone where we have a reasonable suspicion of violations of any applicable law.
November 19, 2023
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