During the COVID-19 pandemic, health and financial security concerns have been front and center. And America’s life insurance companies have stepped up. From the earliest days of the crisis, life insurers have been providing invaluable support, paying out $2.1 billion every day, amplifying the $2.7 billion a day paid by Social Security. To keep the … Continue reading "Life Insurers Invest for America’s Future"
For more than 175 years the life insurance industry has been a source of stability and strength to the American economy. When America needs investment capital, life insurers are there. And we’re here during COVID for American families and business. With $6.3 trillion in investments, life insurers contribute crucial long-term capital that fuels growth and … Continue reading "Life Insurers Invest in American Families and Businesses"
America’s life insurance companies have been #MeetingTheMoment for our nation since the COVID-19 pandemic hit our shores. From the earliest days of the crisis, life insurers have been providing invaluable support to their customers, their employees and their communities. Industry leaders are supporting government officials by listening to needs, organizing action, and showing compassion. At the … Continue reading "Life Insurers Meeting The Moment With Investment Capital"
Many of us celebrated Mother’s Day recently. We were reminded of the love that mothers have had since day one of their children’s lives. Motherhood, pregnancy, and childbirth remain a constant – even during the COVID-19 pandemic. Paid maternity leave during COVID-19? Yes! It is happening now. Many mothers who have had to take time from work to … Continue reading "Paid Maternity Leave During COVID-19 Pandemic? Yes!"
[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] The life insurance industry has $6.3 trillion invested in the U.S. economy, making it one of the largest sources of investment capital in the nation. To help wrap your head around that, $1 … Continue reading "Investments in Bonds Help Life Insurers Meet Commitments to Customers"
[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Life insurers are a bedrock of the American economy, providing employment for American workers and investment capital for U.S. businesses. But did you know that life insurers also make hundreds of billions of … Continue reading "Investments in Mortgages Support Life Insurers’ Guarantees"
This week, the House Ways and Means Committee held a hearing to discuss paying for upgrades to our national infrastructure. The American Council of Life Insurers (ACLI) applauds Committee Chairman Richie Neal (D-MA) and Ranking Member Kevin Brady (R-TX) for focusing on this subject, and you can find our statement for the record for this week’s hearing here. You might … Continue reading "Laying the Groundwork for Upgrading America’s Infrastructure"