#Life insurance payouts spiked in 2020 — largest rise since 1918 flu pandemic
“#Life insurance payouts spiked in 2020 — largest rise since 1918 flu pandemic” The COVID-19 pandemic sent life insurance payouts soaring to the highest level in a single year ever in 2020 and drove the largest year-over-year spike since the 1918 pandemic, an industry group said Thursday. Life insurance companies paid more than $90 billion…