For a lot of customers, COVID-19 is changing the way life insurance works.
The whole ordeal typically took weeks.
But newer companies likeBestoware updating and disrupting the life insurance industrys traditional way of doing business.
Bestow uses algorithms instead of medical exams to evaluate applicants.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Insurers are offering more no-exam life insurance policies as well, LIMRA says.
People tend to overestimate the cost of life insurance.
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