American Life Insurers Mortality Tables are Expected to Shift due to Coronavirus
U.S. life insurers are deciding not to gamble on older Americans during the coronavirus (COVID-19) crisis by temporarily suspending applications from certain age groups or imposing tougher requirements. Insuring older Americans can be a big risk for U.S. life insurers under the best of circumstances, but it brings in hefty premiums. But the risk involved […]
Life Insurance Applications Surge during Pandemic against LIMRA Survey
LIMRA, the Life Insurance Marketing and Research Association conducted a survey of American and Canadian life insurers to assess the effect of the global pandemic on business practices. In all, 47 U.S. carriers were surveyed to see if any changes were being made as a result of state and federal social distancing guidelines and 12 […]
