Benefits of simplified underwriting according to consumers in the U.S. 2018-2020

Published by
Jennifer Rudden,
Mar 1, 2022
In 2020, 66 percent of life insurance policyholders said that the most beneficial element of simplified underwriting was how fast and easy it is. However, this is a decrease from 2018 when 72 percent of policyholders said the same. Simplified underwriting requires no medical exam and is suitable for younger, healthy candidates who meet certain criteria, such as no recent history of bankruptcy and no criminal record.

Benefits of simplified underwriting according to life insurance policyholders in the United States from 2018 to 2020

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Release date

May 2020

Region

United States

Survey time period

2018 to 2020

Number of respondents

1,997 respondents

Method of interview

Online panel

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