YouSurance is First to Assess Health and Lifespan Using Epigenetic Biomarkers for Life Insurance Applicants
October 02 2018 - 9:00AM
YouSurance, a digital managing general agency (MGA), is the first
company to use epigenetic biomarkers to assess life insurance
applicants’ health and lifespan. YouSurance’s patent pending
process of predicting biological aging and all-cause mortality is
step-change technology for the life insurance industry.
YouSurance is a wholly owned subsidiary of GWG
Holdings, Inc. (Nasdaq: GWGH) and part of a family of companies
committed to offering transformational products and services into
the life insurance industry. YouSurance, and its sister company,
Life Epigenetics, Inc., are applying epigenetic technology and
machine learning to gather insights into health and wellness that
have never before been available.
“YouSurance is commercializing step-change
technology for the life insurance industry,” said Chief Executive
Officer Jon Sabes. “YouSurance is the first company to give
consumers purchasing life insurance information about how their
epigenetic, or biological age, differs from their chronological
age.”
“We know epigenetics can better assess an
individual’s health and wellness than traditional methods, as well
as provide new insights into human longevity. We are leading the
charge in applying this technology to the life insurance industry
and are in the early stages of working with insurance carriers to
apply this science into the underwriting of their life insurance.
Epigenetics will allow greater precision in pricing and enable
consumers to save money on their life insurance.”
At YouSurance.com consumers can purchase life
insurance from a variety of carriers. Consumers purchasing
life insurance with YouSurance will receive a Longevity Report that
provides an assessment of their epigenetic age, or biological age,
which can differ from their chronological age.
The science behind YouSurance is based on
epigenetics, which unlike genetics modify gene expression due to
extrinsic factors such as age, behavior and environment. By
analyzing an epigenetic profile, YouSurance can assess an
individual’s health and wellness, which includes the rate of
biological aging. YouSurance is the first company to apply this
technology to life insurance.
About YouSurance
YouSurance.com, an insurtech subsidiary of GWG Holdings, Inc.
(Nasdaq:GWGH), is the first digital managing general agency (MGA)
to assess a consumer’s health and predicted lifespan using
epigenetic biomarkers in order for healthy consumers to save on
their life insurance. For more information about YouSurance,
email info@yousurance.com or visit www.yousurance.com.
About GWG Holdings, Inc.
GWG Holdings, Inc. (Nasdaq: GWGH), the parent
company of YouSurance and Life Epigenetics, is a financial services
company transforming the life insurance industry through disruptive
and innovative products and services. For more information about
GWG Holdings, email info@gwgh.com or
visit www.gwgh.com.
Contact: Dan Callahan, Director of
CommunicationYouSurancedcallahan@yousurance.com(612) 746-1935
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/f0deddcd-f424-41d6-a259-31578eb9c2a1
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