🤔🤔 Indiana life insurance CEO says deaths are up 40% among people ages 18-64
(www.thecentersquare.com)
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I am a life insurance agent and have seen major changes in the industry these last 2 months. First traditional life insurers are leaving in droves Second Starting Jan-1, 2022, all permanent life insurance policies industry wide are required to increase the cost or potential cost of insurance. the new policies appear the same on the surface, but they give the insurers a lot of room to keep death benefit low or premiums high. I imagine the terms will follow.
That’s very interesting…thanks for sharing. I think some people are in for a rude awakening. Hopefully you won’t have much grief trying to explain all of these changes to your clients.