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Consumers Ready and Comfortable to Share their Medical Information Electronically for Easier Life Insurance Underwriting
LexisNexis® Risk Solutions today announced findings from a new consumer research study examining attitudes and perceptions about the life insurance application process, as the industry looks for ways to deliver faster life insurance underwriting and reduce life insurance application dropout rates. The research asked life insurance applicants about the effort involved and the time it takes to complete an application, offering updated insight into where the process creates challenges that can leav
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[{"type":"text","content":"LexisNexis® Life Insurance Consumer Experience Study Explores Pain Points and Potential Ways to Improve the Life Insurance Application Process","length":182,"tagName":"p","attribs":{}},{"type":"text","content":"ATLANTA, May 7, 2026 /PRNewswire/ -- LexisNexis® Risk Solutions today announced findings from a new consumer research study examining attitudes and perceptions about the life insurance application process, as the industry looks for ways to deliver faster life insurance underwriting and reduce life insurance application dropout rates. The research asked life insurance applicants about the effort involved and the time it takes to complete an application, offering updated insight into where the process creates challenges that can leave applicants less satisfied and, in some cases lead them to abandon the process entirely. The study also explored applicants' attitudes toward sharing their medical information with life insurers – and found that patient portals were the preferred method, compared to medical record exchanges and manual processes. The findings imply that life insurance carriers may be missing out on some new ways to align to consumer behavior and preferences which can shorten timelines and improve the applicant experience.","length":1166,"tagName":"p"},{"type":"image","alt":"LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)","displaySize":"","headline":null,"caption":"LexisNexis Risk Solutions (PRNewsfoto/LexisNexis Risk Solutions)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":121,"url":"https://media.zenfs.com/en/prnewswire.com/e3e490782895693b9b53eb6bfc30803b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/s_STV9ZnlqNt9.G2wdJwkg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxMw--/https://media.zenfs.com/en/prnewswire.com/e3e490782895693b9b53eb6bfc30803b","width":400,"height":121},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/0zlGgAapd_CGZl0e7gdIwQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE5NA--/https://media.zenfs.com/en/prnewswire.com/e3e490782895693b9b53eb6bfc30803b","width":400,"height":121}},"href":"https://mma.prnewswire.com/media/494562/LexisNexis_Risk_Solutions_Logo_2025_V1.html","hrefExternal":...