Foxo SPAC Presentation Deck slide image

Foxo SPAC Presentation Deck

EPIGENETIC BIOMARKERS Why saliva-based underwriting is a compelling opportunity • LIMRA identifies medical underwriting as the single greatest pain point in this customer experience (1) . Agents loathe inconvenient, invasive, time consuming blood & urine specimen collection required for medical underwriting Accelerated underwriting is growing but represents only a fraction of business produced by Agents Agents represent 77% of all life insurance premiums sold in U.S. (2) Regulatory does not prohibit use of epigenetic information to measure same risk factors obtained through blood and urine "All things being equal, the carrier that adopts saliva-based underwriting in replacement of blood and urine specimens doesn't get some of the agent business, they get all of it" (3) (1) LIMRA https://www.limra.com/en/events/conferences/2022/2022-life-insurance-conference/ (2) 2Q 2021 LIMRA U.S. Retail Individual Life Insurance Sales (3) Maddock Douglas Survey (2019) FOXO INVESTOR DECK 2022 Page 24
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