Advisors Adjust Their Practices In Light Of Coronavirus: LIMRA
April 3, 2020 by Press Release
A LIMRA survey of 550 advisors revealed how they are adapting to meet the needs of their clients as the country faces the safety and economic challenges as a result of coronavirus.
A total of 63% of advisors say their practices have been significantly disrupted because of the coronavirus; while another 28% note having been moderately disrupted. Seven in 10 advisors say they have set up alternate working arrangements for their staff.
With more and more states closing businesses and requiring people to implement social distancing practices, LIMRA examined what advisors are doing to stay connected to their clients. The survey revealed that 84% have changed the way they communicate with their clients.
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