Up until recently, this was still the experience of life insurance agents or financial advisors, as they are most commonly called now. For most, selling insurance still involves the signing of paper application forms and pages and pages of sales proposals. And as required by the regulators, life insurance has to be sold face to face. But as technology advancement accelerates around us, insurance companies saw the need and started migrating to the digital platform. Especially, when the Insurance Commission allowed the selling of life insurance even without the physical presence of the soliciting advisor and the prospective client.

Source: Manila Times November 08, 2020 16:30 UTC