Many companies have sharply reduced estimates of their
exposure, as measured by payouts per 100,000 U.S. fatalities
As the number of U.S. corona virus deaths surpasses 200,000,
public-health experts point to a series of missteps and
miscalculations in the country's response.
Here’s a look back at how the U.S. became the center of the
global pandemic.
Sept. 28, 2020 5:30 am ET
U.S. life insurers are paying out far fewer Covid-19 death claims
than initially expected, largely because the virus is disproportionately
killing people with little to no insurance.
In the past few weeks, many life-insurance companies have sharply
reduced estimates of their exposure, as measured by payouts per
100,000 U.S. Covid-19 fatalities. Estimates have come down by an
average of 40% to 50%, according to Credit Suisse stock analyst
Andrew Kligerman.
Driving the rapid reduction in exposure are two groups…
older Americans and minorities.
Older people often have smaller policies than people who are still in
The workforce. The latter typically buy policies to protect spouses
And children against the loss of a breadwinner’s income, aiming to
cover home mortgages and fund college tuition. Based on data
through mid-September, the federal Centers for Disease Control
and Prevention calculates that approximately four-fifths of U.S.
deaths involving Covid-19 have been of people at least 65 years old.
Its current total shows just over 200,000 total U.S. deaths.
Sept. 28, 2020 5:30 am ET
Watch Kelly Rowland Life Happens Spokesperson for 2021 at this link
https://www.youtube.com/watch?v=ERRklKCckDM&feature=youtu.be
The Grief is bad enough,
Don't leave the burden
To your family!
I STILL MAKE HOUSE CALLS!
Hayden Childs
Alabama Licensed Agent
(205) 269-1382
shcmail34@yahoo.com
www.haydenchilds.net
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