Category: Financial Wellness & Inclusion

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"

Life insurers continue to provide essential support 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 during hard times. Now more than ever, 90 million American families depend on our industry for life insurance, … Continue reading "Clear Consumer Protection with State Insurance Regulation"

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"

Since the onset of COVID-19, life insurance, annuities and other products offered by life insurers have drawn considerable consumer interest. These products provide Americans with valuable financial certainty, even in a pandemic. Recognizing the importance of this consumer marketplace, each of the 44 states that imposed stay-at-home orders deemed life insurance as an essential business. … Continue reading "States Help Secure Consumer Access to Financial Protection"

Shortly before COVID-19 overwhelmed the nation, The Washington Post asked: How big is the risk associated with electing an older person as president? It’s a significant risk, the Post suggested, based on information obtained from life insurers, experts in measuring longevity. The Post researched the expected cost for a $400,000-benefit life insurance policy, representing the … Continue reading "Longevity Expertise Meets COVID-19"