Insurance | 1 min read

The Impact of COVID-19 on Life Insurance Adoption [Infographic]

Written by Joan Cleveland, CLU, ChFC, REBC

A couple of years ago, no one could have anticipated that the entire trajectory of American life would be upended by a global pandemic. These days, we’re wiser about the unexpected turns life can take. LIMRA recently conducted their 2021 Insurance Barometer Study, which measures the impact COVID-19 has had on financial attitudes and behaviors related to purchasing life insurance.

Here are some key takeaways from the study:

the-impact-of-covid19-on-life-insurance-adoption-PROOF

Has the pandemic impacted how you view the significance of life insurance? Share with us in the comments below!

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Joan Cleveland, CLU, ChFC, REBC

Joan Cleveland, CLU, ChFC, REBC is President and CEO of SWBC Life Insurance Company and SWBC Property and Casualty Insurance Company, with more than 35 years of experience in the life insurance industry. She holds her Agent license for Life and Accident & Health Insurance, along with multiple FINRA securities licenses. Joan is a frequent industry speaker and media spokesperson. She is a member of the Board of Directors of the Consumer Credit Insurance Association, Board Chair of the Life Insurers Council and an active member of the Texas Association of Life and Health Insurers.

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