(Photo by Gary Hershorn/Getty Images) Getty ImagesThe life insurance industry is huge, getting smaller and is set in its ways. Life Insurance And Annuities Industry Getting SmallerMetLife and Prudential are leading players in a shrinking market. “We thought that since technology and consumer needs were changing, the life insurance industry must also change. When the life insurance company finds out these things, it charges more for a policy.”Sproutt’s concept of life insurance focuses on life, rather than death. “We wanted to figure out how to change the life insurance industry for good so that policyholders can be healthier and live longer.

Source: Forbes December 20, 2020 19:01 UTC