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Since it made its grand entrance into the U.S. in early 2020, COVID-19 has impacted a multitude of industries – and not surprisingly, life insurance has been one of the hardest hit. Given its rapid and rising death toll, the Coronavirus (and its array of variants) has led to record death benefit payouts for insurers. […] Read more

Life insurance payouts increased in 2020 to a record high.  Reportedly, death benefits reached levels not seen since the 1918 flu pandemic.  Whether this is a reflection of COVID-19 or other factors (such as the aging baby boomer population in general) is a matter of some debate.  In any event, that statistic represents a 15% […] Read more