Skip to main content

090921 Those Dying From Covid-19 Are Least Likely to Own Life Insurance...

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

 

https://www.wsj.com/articles/those-dying-from-covid-19-are-least-likely-to-own-life-insurance-11601285400

 

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


 

 

 

Comments

Popular posts from this blog

083121 Do You Know the Whole Life Story?

  Change comes at us from every angle as people update and upgrade everything from their diets to their devices, seemingly every day. When we enter adulthood as a young professional, we never imagine that we are only a couple dozen phones or a handful of trendy diets from marriage, parenthood or even retirement. Diets and devices can be great, but not all change is good, right? At every stage of life, financially confident people know that they can embrace the good and safeguard against the not-so-good with solutions designed to do just that. Enter: whole life insurance. Not just your parents’ insurance, whole life can actually benefit you no matter where you are in life.    THE BEGINNING: YOUNG PROFESSIONALS    When we’re young and focused on our dreams, we rarely consider the possibility of an unexpected, devastating change. What would happen if you died prematurely? It may be unsettling to think about, as it would be very painf...

101724 What Cancer Cannot Do...

“Cancer can take away All of my physical abilities. It cannot touch my mind, It cannot touch my heart, And it cannot touch my soul.” Coach Jim Valvano *** What Cancer Cannot Do Cancer Is So Limited Cancer Cannot… Cripple love! Corrode faith! Eat away peace! Kill friendship! Silence courage! Invade the soul! Quench the spirit! Destroy confidence! Reduce eternal life! Erase the promises of God! Obliterate happy memories! Shatter the hope of Heaven! Lessen the power of the resurrection! Keep the faithfully obedient from Heaven! - Dr. Robert L. Lynn *** To all walking this road… Blessings and love. Cancer took away from me Two special ladies in my life. My mother and mother-in-law; Knowing I will see them again And knowing they are in a Better place gives me hope And comfort. - Hayden Childs *** Don’t worry your life away Waiting for the elusive prize At journey’s end. The journey is the prize. - Marsha Mercan  *** In this world it is not what we take up, but what we give up, that make...

022824 Real Life Story...

Real Life Story…   “Tom’s motto was… Be prepared. You don’t know what life will hand you.” Jeanie and Tom had an idyllic life… a strong marriage and two children. But when Tom was tragically killed in a snowmobiling accident at just 45, the world collapsed for Jeanie and the kids. Grief overwhelmed them, but thanks to Tom’s life insurance, financial tragedy did not. It paid for the funeral and the family’s bills and expenses. And it set them up for the future so they could continue living in their home, and plan for college and retirement. Life insurance did everything Tom had planned for it to do.   - Via Lifehappens   At Lifehappens … February is traditionally insure your love month. One of the greatest ways you can show your love For your family is to be insured If the unthinkable happens.   I have had people tell me “I can’t get life insurance”   Friend I now have the ability to Insure you even if you...