Bluezone’s launch of life insurance cover for customers with Type 2 diabetes will be the first of a portfolio of policies aimed at helping people with chronic health conditions in the UK and overseas.
The insurtech’s digital solution offers individuals in the UK with Type 2 diabetes life insurance cover while also removing the need for lengthy form filling and required medical appointments previously required to secure a similar policy.
Bluezone will be working with insurer Covéa Life and global reinsurer Gen Re to facilitate the life insurance policy.
But the firm added the policy is the first of a portfolio of policies it is planning to launch to help individuals with other chronic health conditions both in the UK and overseas.
Dr Karan Mehta, co-founder and CEO of Bluezone Insurance said, “we are delighted to announce the launch of our first life insurance policy and to be able to help individuals with Type 2 diabetes to gain cover. The launch is the culmination of a huge amount of hard work from the Bluezone team along with the support from our investors and partners.
“I would also like to thank the teams at Gen Re and Covéa Life for their ongoing support and belief in the proposition which has allowed us to launch our game-changing proposition.”
Alastair Gerrard, head of sales, marketing and account management at Gen Re, added: “We are so pleased to be working with the innovative team at Bluezone and to help facilitate the launch of their new life insurance product.
“The proposition is set to benefit so many individuals in the UK with Type 2 diabetes and allow them to gain quick and easy cover.
“We are looking forward to supporting Bluezone further as they expand their portfolio and help individuals with other chronic illnesses gain access to insurance over the coming years.”