Yes, It’s Possible to Underwrite Life Insurance Policies Remotely
July 1, 2020 by Shelby Hollister-Share
The coronavirus pandemic and social distancing measures have changed how we do business across industries — and insurance underwriting is no exception.
Typically, life insurance underwriting requires a thorough medical examination (as anyone who has ever applied for a policy will know well). This involves an in-person visit, allowing the medical examiner to conduct a blood pressure reading, weight check, blood draw and more. But as we shelter in place and limit contact with others, clients don’t need to head into a lab or invite examiners into their homes.
At the same time, the need for financial protection and guidance hasn’t gone away — so as insurers, we need to adapt to this new normal to ensure we are still able to help clients protect their families and take control of what they are able to, even amidst uncertainty.
Click HERE to read the full story via ThinkAdvisor