Financial Wellness & Inclusion

Close the Racial Wealth Gap

As part of our Economic Empowerment and Racial Equity Initiative, the American Council of Life Insurers is acting on a plan to achieve greater economic empowerment in financially underserved communities and bridge racial and socioeconomic divides across the country. In particular, we want to ensure that all Americans – no matter who they are or … Continue reading

Retirement Savings Help for Student Loan Borrowers

It’s no secret that young Americans are managing an unprecedented amount of student loan debt. According to the Institute for College Access and Success, 45 million borrowers owe nearly $1.6 trillion in student loan debt, a 2 percent increase over last year. What is more concerning, however, is that this debt greatly impacts important financial … Continue reading

Promises Kept for American Families, Economy

When a customer purchases a life insurance policy, the life insurer vows that it will honor its commitment to the policyholder and pay the beneficiary of the policy. That payment could happen next month. Or next year. Or even next century. It doesn’t matter. Just as they’ve done for more than 175 years, America’s life … Continue reading

Life Insurers, America: On The Move

Every four years, Americans come together in early November to determine our nation’s future. No matter whether we’re in the middle of a Civil War, a World War or a global pandemic. It’s guaranteed. America’s free and democratic elections are a source of inspiration worldwide. This year’s election was framed by the COVID-19 pandemic, the … Continue reading

Life Insurers Support Diverse and Inclusive Work Culture

COVID-19 has disrupted the lives of millions of workers across the nation. But women in the workplace have been impacted the most, primarily because they bear an unequal share of family caregiving responsibilities. With shuttered day care facilities and remote schooling, working mothers have faced staggering challenges to juggle their home and work responsibilities. It’s … Continue reading

How Can American Women Achieve Economic Security?

Achieving financial security is an uphill battle for many Americans. It can be especially daunting for American women. And the challenge has only gotten tougher due to the coronavirus pandemic. Women hold two-thirds of the nation’s student loan debt. They make less money than men in the workplace. And they bear a disproportionate share of … Continue reading

Helping Older Americans Stay In Their Own Homes

Americans prefer to stay in their homes as they age. Research on the topic is clear. That’s not about to change as concerns mount over nursing homes with the spread of COVID-19. About 40 percent of coronavirus deaths are linked to nursing homes. This is a challenge for millions of Americans. By 2030, those … Continue reading