2021 Outlook For Life Insurance Buyers
January 13, 2021 by Cameron Huddleston
One of the silver linings of the pandemic is that it has prompted Americans to tackle some financial tasks they have been putting off—such as getting life insurance.
In fact, 1 in 4 people surveyed by insurance industry group Life Happens said they bought life insurance for the first time because of the coronavirus.
As applications for policies rose this year, life insurance companies had to adapt to meet the growing demand at a time when there was a challenge to doing business as usual.