Awareness of simplified underwriting boosts chances people will buy life insurance
March 23, 2021 by Insurance Forums Staff
While fully underwritten policies may net better deals, consumers seem to like simplified issue life insurance.
While already underway prior to the COVID-19 pandemic, many life insurance policies are now underwritten through “simplified” or “streamlined” processes, which are less reliant on physical data (e.g., blood, urine, examination) and more reliant on readily available datasets (e.g., medical, financial, personal).
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Originally Posted at Insurance Forums on March 18, 2021 by Insurance Forums Staff.
Categories: Industry Articles