Home » General World News » THE FUTURE OF LIFE INSURANCE: How insurtechs are tackling this notoriously tricky area of insurance

THE FUTURE OF LIFE INSURANCE: How insurtechs are tackling this notoriously tricky area of insurance





Millennial spending

This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here.

Life insurance is a fundamentally hard product to sell, as it requires people to think about their deaths and promises no immediate rewards.

The way life insurance is sold makes it doubly unattractive, as consumers have to go through an paper-based, lengthy application process and a bothersome medical exam, with little guidance from their providers, and often at high cost. The problem is worsened by incumbent insurers’ failure to innovate, even as personalized products and streamlined services read more >>>

Source:: BusinessInsider.Com

Comments are closed.