This year could be a bellwether for the life insurance industry, as many Americans are feeling the pressure of a volatile job market, inflation and rising interest rates. As a result, the number of those reducing coverage or dropping policies altogether is likely to increase.
According to a recent poll by Nationwide, only 39% of Americans rate their financial situation positively. Of those surveyed, 26% said they were decreasing coverage on existing policies or planning to, and 20% had already removed a policy or were planning to within the next six months.
Amber Allen is Senior Marketing Director at AmeriLife Marketing Group, where she's worked since 2015. She’s worked closely with Medicare and Medicaid products for years, and has expanded her knowledge to include ancillary and Medicare Supplement products.
Connect with Amber on LinkedIn.
Learn more about Amber
Connect with Amber on LinkedIn.
Learn more about Amber
Latest posts by Amber Allen (see all)
- Women at the Helm: Reaching and Supporting Family Wellbeing - April 16, 2024
- Is Indexed Universal Life A Good Choice For Your Client? - January 19, 2024
- How Life Insurance Policies Could Affect Your Client’s Medicaid Eligibility - October 26, 2023
