Easy to Apply, Easy to Lie: Could Positive Friction Improve Digital Disclosure Rates?
Designing effective applications means making it psychologically easy for applicants to answer questions honestly. In Insurance Thought Leadership (ITL), RGA's Peter Hovard makes the case for "positive friction," or prompts that encourage an applicant to offer a more considered, and accurate, response.
The Future Of Accelerated Underwriting Is Now, LIMRA Panel Says
Accelerated underwriting has historically been a slow movement within the insurance industry, a panel acknowledged Monday at the 2022 Life Insurance Conference, sponsored by LIMRA, LOMA, Society of Actuaries and the American Council of Life Insurers.
The symptom of fatigue is one of the top five most frequently presented health complaints in primary care. Find out what underwriters should consider in the context of risk assessments for life insurance.
Have you noticed that the word invasive is being bandied about more and more often in underwriting-related articles and commentaries published online and in various industry publications? This is mainly being done by those advocating radical changes in underwriting practices.
The purpose of this paper is to discuss the insurability implications of low normal/ below normal ALT in the elderly… in the hope that insurers will consider adding appropriate guidelines for this finding at older ages.