So far Covid has taken a horrendous cost — more than 950,000 American lives. The cost of the resulting life insurance claims was also high: $90 billion in 2020, according to the American Council of Life Insurers. That’s the biggest year-over-year increase since the...
If you’re among the more than 26 million American adults with diabetes, you typically can buy life insurance, particularly if the disease is under control. However, coverage will likely come at a steeper price than coverage for someone without diabetes. Still, having...
COVID-19 didn’t have quite the impact on the life insurance industry that some were fearing, but it still has resulted in the highest-ever number of payments to beneficiaries. Life insurance policies paid out over $90 billion in 2020, a 15.4% increase...