COVID-19 seems to be pushing life insurance payouts to new heights.

  • Trade association the American Council of Life Insurers recently released its 2022 ACLI Life Insurers Fact Book.
  • In the fact book, the group found life insurance companies paid $100 billion to the beneficiaries of policyholders who died in 2021.
  • That number is the highest amount life insurance companies have paid out to policyholder beneficiaries in a single year.

https://thehill.com/changing-america/well-being/longevity/3753089-life-insurers-pay-record-death-benefits-in-2021/amp/