How did the pandemic change life insurance?

Americans collectively purchased a total of $3.3 trillion in new life insurance coverage in 2020. As a result, applications for live insurance policies showed an increase of 4% in 2020. Life insurance is becoming even more valued by customers as a way of providing them with and their families the protection they need. Read the article Life Insurance Trends to see how the pandemic shaped life insurance in 2021. The History Though the concept seems like a feature of contemporary society, life insurance can actually be…

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And the most popular award goes to…

Term Life Insurance Term life insurance is by far the most popular type of life insurance because it’s straightforward, affordable, and lasts as long as you need — for most people, that’s between 10 and 40 years. Premiums can be paid monthly or annually, and in exchange for relatively low rates, your beneficiaries get a large lump sum of money after you di It's not about what you have at the end of life, it's what you leave behind that matters.Stedman Graham Facts About Life Insurance: Must-Know Statistics in 2022…

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