COVID-19 has raised some of the greatest underwriting challenges for the life insurance industry since World War II, as was reported in a May 10 Wall Street Journal story Some Americans Are Being Turned Away Trying to Buy Life Insurance. It follows that the industry making financial guarantees that can last for decades to deliver benefits … Continue reading "Making Financial Protection Available in COVID-19"
Our industry’s agents are there for American families when they need it most, and a national pandemic is no different. This week, ACLI is proud to join National Association of Insurance and Financial Advisors (NAIFA) agents as they come together virtually for Impact week. They are discussing ways COVID-19 has impacted Main Street America, and … Continue reading "NAIFA Agents: Meeting The Moment For America"
There’s no doubt we’re in the midst of living history right now. One day college professors and high school teachers will lecture on what happened in 2020 and the “new normal” spawned from “those days.” The question is, how will it be remembered? What stories will be told? How will we be judged for the … Continue reading "Serving Main Street in a New Normal"
For most of us, the COVID-19 pandemic is unprecedented. But life insurers exist to provide relief when times are tough. For more than 175 years the life insurance industry has been a source of strength and support to American families. At a time when COVID-19 is creating financial hardship for so many families, life insurers are … Continue reading "Life Insurers #MeetingTheMoment for Customers"
According to an old expression, hard times reveal true friends. In this time of hardship, life insurers stand with America’s small business – true friends. America’s small businesses are getting a lot of attention right now and deservedly so. They generate nearly half of the nation’s economic activity and employ nearly half of the U.S. … Continue reading "Life Insurance and Small Business – A Force Multiplier"
Life insurers continue to provide vital assistance to their customers and the communities they serve during the COVID-19 pandemic. The life insurance industry was born out of the idea that no family should be on their own in hard times. And that applies to our employees and their families, as well. During this pandemic, life … Continue reading "Life Insurers #MeetingTheMoment for Employees"
With so many Americans struggling financially due to COVID-19, Congress has passed three emergency packages to respond. As we recently detailed, its third effort, the CARES Act, includes sweeping measures to help a wide cross section of Americans. The CARES Act expands access to retirement funds, providing a critical lifeline to those struggling to make … Continue reading "A Lifeline for COVID-19 Financial Hardship"