USA: Life insurance buying spree continues under Covid

One of the biggest trends seen among consumers as they adjusted to their “new normal” during the novel coronavirus pandemic was that they largely became far more interested in buying life insurance. It should come as little surprise that any individual’s own mortality and long-term financial security should be front of mind amid a global health crisis and economic downturn, but underwriters certainly need to be aware of this ongoing — and potentially growing — trend.

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