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The Pandemic Is Scaring Young People Into Buying Life Insurance

The American College of Financial Services
February 11, 2021

The COVID-19 pandemic saw sweeping changes in how many groups of Americans handle their financial affairs. In particular, life insurance statistics were shaken up as more young people chose to buy new policies or invest more money into ones they already had due to concerns about their long-term health and lifestyle.

Steve Parrish, Co-Director of The College’s Center for Retirement Income, explains why COVID was such a wakeup call for many people and what’s changed in the underwriting game in this piece from Money.

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