Rise in Non-Covid-19 Deaths Hits Life Insurers

March 1, 2022 by Leslie Scism

U.S. life insurers, as expected, made a large number of Covid-19 death-benefit payouts last year. More surprisingly, many saw a jump in other death claims, too.

Industry executives and actuaries believe many of these other fatalities are tied to delays in medical care as a result of lockdowns in 2020, and then, later, people’s fears of seeking out treatment and trouble lining up appointments.

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Originally Posted at The Wall Street Journal on February 23, 2022 by Leslie Scism.