Death-Benefits Payments Jumped 15% Last Year Amid COVID-19

Close up of a Life insurance policy with family image. The included image can be found in my portfolio. Image #37803180

According to the American Council of Life Insurers (ACLI), the Covid-19 pandemic last year resulted in the largest increase in death benefits paid by U.S. life insurers since the 1918 influenza epidemic. ACLI said that death-benefit payments increased 15.4 percent in 2020 to $90.43 billion, owing primarily to the pandemic. Payments increased by 41% in… Continue reading Death-Benefits Payments Jumped 15% Last Year Amid COVID-19