Life Insurance Industry Score

Use additional evidence to better classify risk profile and facilitate the addition of a preferred-SI class, substandard-SI class (or both) to improve mortality and higher placement rates.

Medical test requirements based on mortality risk are significantly enhanced using credit data and can help waive tests for low-risk and reduce requirements for medium-risk clients.

A credit-based score predictive of mortality can help grow your existing portfolio, reduce quote times and improve decisions.

Market to specific consumers by removing those with scores outside campaign parameters. Identify opportunities to upsell a higher sum insured to those with lower scores and cross-sell life policies to funeral policyholders.

Assign medical test requirements based on mortality risk associated with: low-risk clients where medical tests can be waived, medium-risk clients where medical test requirements can be reduced and where high-risk clients can continue with medicals as currently required.