Life insurance isn’t something that young, healthy people typically consider buying. It also isn’t always that accessible to those with lower income or easy to buy: It can mean a medical exam and lots of questions to determine the type of coverage and amount needed.
That’s a big part of why Latin America has one of the lowest insurance penetration rates at 1.3%. In addition, 15% of Latin American adults who can afford life insurance policies have one, compared to 52% of U.S. adults.
Miami-based Olé Life wants to change that. It joins others — for example, Equisoft, Read Entire Article
