Selfies and insurance
Selfies have become a popular way for people to document their lives and share their experiences on social media. However, they can also have an impact on insurance, particularly when it comes to health and life insurance.
In the case of health insurance, some insurers are using this type of technology to help prevent fraud. For example, insurers may require policyholders to submit selfies along with their insurance claims to verify their identity and ensure that the claim is legitimate. This can help prevent people from using someone else’s insurance information to make fraudulent claims.
In the case of life insurance, some insurers are using selfies as part of the underwriting process. Insurers may ask applicants to submit selfies as part of the application process, which can be used to verify their identity and assess their health. For example, insurers may look at factors such as a person’s weight, skin tone, and posture in the selfie to help assess their risk of health issues such as obesity or heart disease.
While the use of selfies in insurance may be seen as invasive by some, it is becoming increasingly common as insurers look for new ways to prevent fraud and assess risk. It’s important for consumers to be aware of these practices and to understand how their selfies may be used by insurers. Consumers should also take steps to protect their privacy, such as being selective about what they share on social media and using strong passwords to protect their online accounts.
Ever wonder what that Selfie you took could have to do with planning your retirement? Find out here: Selfies and Retirement.