Your face tells a unique story. Is it good enough for an insurance company to determine if you qualify? Lapetus technology is developing facial analytic that could predict life expectancy from a selfie. The benefit could be the ability to purchase life insurance in less than 10 minutes – with no medical exam. From an uploaded photo, data like BMI, how old you look, and how fast you are aging can be used to determine if you should qualify for insurance. The company is working to develop it’s analytics to determine existing conditions like diabetes and heart disease. Can the new technology make the consumer feel comfortable using it and will it be accurate for the insurer to make correct decision on who should qualify? Time and testing will answer this question.
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