Life insurance in a few clicks

Minnesota Life Insurance Co. in St. Paul has unveiled a real-time insurance underwriting response service.

The system allows employees of the client companies Minnesota Life insures to apply online for life insurance coverage and receive an answer in real time for coverage through a proprietary website that is accessible from their place of employment.

Participants complete an online health questionnaire, attach their electronic signatures and submit the evidence-of-insurability form through a secure connection. The applicant receives a reply in about 60 seconds. This technology completely eliminates the paper application process, Minnesota Life says.

Copyright 2003 Crain Communications Inc.
Investment News
September 15, 2003, Monday

Used with permission.

» Return to top