The economic downturn triggered by the COVID-19 pandemic has impacted millions of Americans. It has also illuminated the strain on caregivers, especially women. Women have long shouldered an unequal burden of child-care responsibilities, and that trend has intensified during the pandemic. Women have also been disproportionately affected by job losses due to COVID-19, with mothers of … Continue reading "What Can Be Done For Caregivers’ Retirement Security During COVID-19?"
In today’s “get it done, what comes next” hyperspeed world, it’s not easy to find time for reflection. But from time to time we need to pause, gather our thoughts and ensure we’re headed in the right direction. Because of the coronavirus pandemic, ACLI just conducted its first-ever virtual annual conference. And after two days … Continue reading "The Road to Economic Empowerment and Racial Equity"
Life insurers’ most critical mission is helping people take care of those they love. Our mission has never been more important. Our nation is grappling with three vexing and overlapping societal crises: the COVID-19 pandemic, a severe economic downturn and systemic racial inequality. Fully recognizing the magnitude of this moment in history, life insurers are doubling … Continue reading "Financial Security for Underserved Communities"
More than 155.9 million people visited Walt Disney Company theme parks around the world last year. Probably 155.8 million of them were unaware that the Disney theme parks owe their very existence to a life insurance policy. Walt Disney’s life insurance policy, to be exact. September is Life Insurance Awareness Month, when we showcase how … Continue reading "Walt Disney, Mickey Mouse and Life Insurance?"
As we approach the end of Life Insurance Awareness Month, it’s important to remember what will never end: life insurer commitments and guarantees. This industry offers products containing guarantees that can last a lifetime – no matter how long that lifetime lasts. A life insurance policy bought today, for example, could be payable later this … Continue reading "Life Insurance: Guaranteed Until the 22nd Century – and Beyond"
By any definition, this has been a year of profound change. Nearly 30 million people worldwide have been infected with COVID-19, and nearly 1 million have died. It’s hard to grasp how quickly this pandemic has changed our lives from so many perspectives — economically, socially, politically and financially. If there were ever a time to convey the … Continue reading "Life Insurance: An Industry Embracing Change"
For all kinds of good reasons, people keep their personal financial business to themselves. And oftentimes, life insurance policies are not revealed to beneficiaries. Sometimes, policyholders forget they have them, or where. The life insurance industry strongly supports efforts to help beneficiaries find policies so that they can get the money that was planned for … Continue reading "Make Sure Loved Ones Get Their Money"