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:
Has the pandemic impacted how you view the significance of life insurance? Share with us in the comments below!
Joan Cleveland, CLU, ChFC, REBC leads SWBC Life Insurance Company as President and CEO. With more than 30 years of experience in the life insurance industry. She holds her Agent licenses for Life, Accident, Health Insurance, and has 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, the Texas Association of Life and Health Insurers, as well as the Life Insurers Council. In addition, she is chair of LIMRA’s Strategic Marketing Issues Committee.
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