Chubb Life has extended the product suite for Life Lens, with the underwriting innovation now available under all of its Assurance Extra product range, subject to certain limits.
In an update to advisers Chubb says previously Life Lens was just for Life and Trauma.
“What this means for you is that if your customers qualify for the fast track or tailored path, they’ll save a considerable amount of time by answering a shorter, bespoke set of questions,” the update says.
Life Lens assesses a customer’s risk profile using a simple facial scan to assess underwriting risk for common health conditions such as cardiovascular issues and diabetes.
In its FAQ’s Chubb says this will fast track the application process for some customers by delivering tailored question sets based on the scan results (also see: Chubb Life Unveils ‘Revolutionary’ Innovation in Underwriting).
The latest Chubb update points to more products being covered – Life, Trauma, Complete Disablement, Income Protection, Mortgage Repayment, Specific Injury, Redundancy and Premium Cover.
It notes that it is not just for new business anymore but that advisers’ existing customers can now use Life Lens too. It has also increased the Life Cover limit up to $1.5 million.
