US insurtech Avibra has launched a subscription-based app, which immediately provides customers with $10,000 guaranteed life insurance coverage without medical underwriting. Customers can expand coverage by interacting with in-app content, which is designed to assess and improve individual wellbeing across financial, physical, and career areas. Users can also connect with financial services, wearables and other personal data sources to receive improved coverage in exchange for healthy lifestyle choices. Data submitted is processed by the insurtech’s proprietary data and analytic engine. The company says that its platform will be available on Android devices as well as iOS devices.
US insurtech Avibra has launched a subscription-based app, which immediately provides customers with $10,000 guaranteed life insurance coverage without medical underwriting. Customers can expand coverage by interacting with in-app content, which is designed to assess and improve individual wellbeing across financial, physical, and career areas. Users can also connect with financial services, wearables and other personal data sources to receive improved coverage in exchange for healthy lifestyle choices. Data submitted is processed by the insurtech’s proprietary data and analytic engine. The product has been underwritten in partnership with Amalgamated Life and Life of the South.