Term Life Market Held Steady Through October: Economists
December 16, 2020 by Allison Bell
The U.S. term life market looked stable during the first eight month of the COVID-19 pandemic, three economists report.
The number of term life products offered to U.S. consumers over 75 fell by 13.6 percentage points, when compared with the number of term life products offered to young consumers, and issuers pulled some of the cheapest term life products off the market, the economists write in a new working paper published on the National Bureau of Economic Research website.
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Originally Posted at ThinkAdvisor on December 14, 2020 by Allison Bell.
Categories: Industry Articles