Momentum Myriad’s LifeReturns® is a groundbreaking approach to Myriad’s accurate pricing philosophy that offers you dynamic, annual discounts of up to 35% on your contractual life insurance premium.
Initial digital screening to activate LifeReturns® discounts
Purpose-built and highly accurate mobile digital screening technology is used to determine the relevant initial LifeReturns® discount percentage. The technology uses a combination of state-of-the art biometric facial screening and a few mandatory questions.
The process also includes identity verification and results are provided within a few minutes. Your LifeReturns® discount is shown on the mobile device following the digital screening and an SMS is also sent that includes your full set of results and resulting LifeReturns® discount.
Determining the LifeReturns® discount percentage
New enhancements
New web based screening so a smartphone is not necessary (no app dowloads and passwords)
To retain a discount of less than 20% only required an annual “non-consequnce digital health check”
To retaim a discount higher thna 21% requires the standard annual reassessment including the fitness test.
