The U.S. Life Insurance Gap
November 29, 2021 by Andreja Stevanovic
So far, 2021 has had the highest growth in life insurance policy sales in decades. Following many unprecedented circumstances — a global pandemic, months riddled with climate-induced extreme weather, and much more — thousands of Americans decided that life insurance may not be a luxury, but a requirement. Just as COVID-19 and natural disasters have disproportionately impacted low-income Americans, access to life insurance remains uneven. While everyone hopes to be able to protect their loved ones financially for the long-term, the reality is that not everyone can afford to — or may not believe they can afford to.
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