Life insurance purchase due to simplified underwriting in the U.S. 2018-2020
In 2020, half of life insurance policyholders in the United States said that they were more likely to buy life insurance due to simplified underwriting. However, this is a decrease from 2018 when 53 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.