Vie Inc. – Transforming Access to Life Insurance
Sometimes a setback can lead to something great in life. Just like in 2019 a message changed Jake Bass’s life and led to the inception of Vie Inc. The message was that a close family friend had been hospitalized due to a heart attack. His friend had considered buying a life insurance policy but then dropped the idea because of the cost, intending to wait for the right time. But tragically the time never came. This event raised a question that became the foundation of the groundbreaking venture – “How can life insurance be made more accessible to those who need it most, especially the less affluent?”
The Core Mission and Vision
Vie Inc. was established with a simple yet powerful mission to provide equal access to premier financial services to people from all walks of life. The mission is professional as well as personal and reflects Jake’s commitment to helping others build wealth, protect themselves, and secure a better future for their families. The vision of Viecard.io is to democratize financial tools, ensuring that everyone has the opportunity to safeguard their financial future, irrespective of their economic background.
Overview and Offerings
Vie Inc. is more than just a financial services company. The company educates, connects, and provides financing to consumers to enhance their long-term financial positions. The innovative approach of Viecard.io involves providing funds for purchasing permanent life insurance policies. These insurance policies offer life protection and their value increases over time. Then customers can use this value to repay the initial financing. This ingenious model by Viecard.io allows consumers to use life insurance without the upfront costs because of which they often neglect to buy insurance.
Distinguishing Factors
Viecard.io’s commitment to action sets it apart from others in the market. While many companies ignore financial literacy, Viecard.io is a step ahead as it provides the necessary information and financing to its customers. This step helps individuals understand the policy’s tangible opportunities and helps them get long-term benefits.
Just like any startup, Viecard.io also faced its share of challenges. The main challenge was generating interest in people about an out-of-the-box novel financial solution. It requires passion and persistence to convince people to care about something that they take for granted. Additionally, Jake had to overcome typical startup challenges such as securing capital and building a business infrastructure. Despite these obstacles, Jake Bass’s dedication and love for the mission made the journey rewarding.
Milestones and Achievements
Since its inception, Viecard.io has achieved significant milestones. One of the crucial milestones for the firm is that it signed a partnership with Mastercard, enhancing the company’s credibility and reach. Jake has built a network of hundreds of life insurance agents to serve as distribution channels. Viecard.io’s partnership with Whiteswan Insurance Services, a digital insurance distributor, further enhances its market presence. Not only this, Jake has added another feather to his hat as his firm Viecard.io has recently completed a pre-seed funding round and the remaining process is in progress.
Building a Positive Work Culture
Viecard.io’s innovative model and its vibrant work culture contribute to its success. Jake always provides an environment where employees can thrive. He values a person with confidence and an urge to learn. Jake advocates that a team with confident members who are always ready to learn ensures that all of them are aligned with the company’s mission and driven to achieve its goals.
Staying Adaptable and Innovative
Adaptability and innovation are the keys to staying ahead in the ever-evolving entrepreneurial landscape. Jake stays up-to-date with the latest changes by engaging directly with customers, and other entrepreneurs. He gives importance to staying updated on the latest technological advancements to ensure that the company remains at the forefront of the industry. Jake says his company is continuously improving and adapting its offerings.
Within the next 5-10 years Jake aims to reduce the global percentage of uninsured lives from 51% to 39%. This ambitious goal underscores his commitment to making life insurance accessible to a larger population and ultimately improving financial security for millions of people.
Entrepreneurial Advice
Jake’s background in selling life insurance helped him identify the barriers that prevent people from obtaining coverage. His experience played a pivotal role in shaping Viecard.io’s unique approach. Jake Bass offers sage advice for aspiring entrepreneurs: “Weather the storm and don’t rest in the middle. Remember that no one in the world cares about what you are doing, so it takes a relentless, unwavering commitment to make them believe.”
Jake’s story of forming his company Viecard.io is one of passion, perseverance, and purpose. His journey, from a personal tragedy to building a transformative business, is a testament to the impact that one individual’s vision can have on countless lives. Viecard.io is not just a company; it’s a mission to make life insurance accessible and affordable for everyone, embracing every moment of this meaningful journey.
