Customers today expect to buy travel insurance quickly that covers all their healthcare needs overseas. But traditionally, pre-existing medical conditions have been excluded from coverage, leading to complicated, confrontational, and drawn-out claim processes. How can you underwrite travel insurance for pre-existing conditions at point of sale?
The Travel Black Box automates the assessment of pre-existing conditions, enabling insurers to get a full view of a customer’s medical risk and make underwriting decisions with speed and precision. The Travel Black Box can be seamlessly incorporated into the sales process, and customers’ responses to simple, carefully worded questions result in a relative risk score that can be used for underwriting and pricing.