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Life-Insurance Payouts Hit Record $100 Billion in 2021

By December 4, 2022No Comments

US life insurers paid out a record $100 billion in 2021 death benefits, breaking the previous near record setting $90.43 billion in 2020, according to the American Council of Life Insurers. The year-over-year increases are among the largest since the 1918 flu pandemic, when payments surged 41%. For more information on the importance of life insurance visit Life Happens.

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