As part of the application, the insurance company often needs the candidate's authorization to get info from their doctors. Automated Life Underwriting is an innovation solution which is developed to perform all or a few of the screening functions typically finished by underwriters, and hence seeks to minimize the work effort, time and/or data required to finance a life insurance application.

The mortality of underwritten persons rises far more quickly than the general population. At the end of 10 years, the death of that 25-year-old, non-smoking male is 0.66/ 1000/year. Consequently, in a group of one thousand 25-year-old males with a $100,000 policy, all of typical health, a life insurance company would have to gather roughly $50 a year from each individual to cover the relatively couple of anticipated claims.

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