Page 5 - மாசசூசெட்ஸ் பரஸ்பர வாழ்க்கை காப்பீடு இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

COVID-19 Mortality Fueled Life Insurance Death Benefits Surge, S&P Says The rate of increase for death benefits on individual life policies of 16.7% exceeded the 10.9% rise for group life contracts. The U.S. life insurance industry recorded its largest year-over-year increase in direct and net death benefits in at least 24 years as excess mortality due to COVID-19 triggered an unusual volume of claims during 2020. Aggregate net death benefits across all lines of business rose by 15.1% to $87.51 billion, according to an S&P Global Market Intelligence analysis of disclosures in annual statutory statements. The rate of increase for death benefits on individual life policies of 16.7% exceeded the 10.9% rise for group life contracts.

United statesNew yorkNew hampshireDistrict of columbiaWest virginiaNew jerseySouth dakotaLife insurance coNorthwestern mutual life insurance coTransamerica life insurance coYork incJournal of the american medical associationPrudential financial incMassachusetts mutual life insurance coLincoln national corpSecurity mutual life insurance co