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E-signatures Gaining Acceptance

The I accept button on many life insurance Web sites is becoming the electronic signature of choice for some insurers, and a new study indicates ...

By Robert Regis Hyle | Updated on October 31, 2004

The I accept button on many life insurance Web sites is becoming the electronic signature of choice for some insurers, and a new study indicates the number of users will continue to grow.

Four years after the Electronic Sig-natures in National and Global Commerce Act (ESIGN) was enacted by Congress, the use of electronic signatures in insurance has failed to spread as fast as some pundits predicted it would, but a recent study by LIMRA International shows 50 percent of U.S. life insurers will have some type of e-signature functionality available for customers within the next year.

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