Insurers selling life policies online waiving a medical exam

More companies are trusting algorithms—using answers provided by applicants and data pulled from prescription-drug databases, motor-vehicle records and other sources—to reveal nearly as much about many people as analysis of blood and urine. So confident are these companies, they are making some of the industry’s best prices available for the algorithm-driven policies. The firms are making a calculated bargain: obtaining less information than before to get a deal done is better than selling nothing at all.

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