<p class="p__1">As part of the application, the insurance company frequently needs the applicant's authorization to obtain information from their physicians. Automated Life Underwriting is a technology service which is created to carry out all or some of the screening functions generally finished by underwriters, and hence looks for to reduce the work effort, time and/or data required to underwrite a life insurance coverage application.</p>
<p class="p__2">The death of underwritten persons increases much more rapidly 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. As a result, in a group of one thousand 25-year-old males with a $100,000 policy, all of average health, a life insurance company would need to collect roughly $50 a year from each individual to cover the relatively few expected claims.</p>
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