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- Title
Life Insurance: Pressure on Policy Sustainability.
- Authors
Weber, Richard M.
- Abstract
Most people in America--if not the world--bade 2020 good riddance as we moved into a more hopeful 2021 with the promise of vaccines for all. According to John Hopkins University of Medicine Coronavirus Resource Center, more than 500,000 Americans may die of the COVID virus by March 1, 2021, with worldwide infections in excess of 100 million and worldwide deaths exceeding 2 million. Were people prepared for the possibility their lives could be cut short, leaving survivors to fend for themselves? Completing financial obligations and commitments has been the classic purpose of life insurance; it is the only asset that self-fulfills with cash whenever death occurs. As the Capital One advertising slogan asks, "What's in your wallet?™".
- Subjects
AMERICA; CAPITAL One Financial Corp.; LIFE insurance policies; LIFE insurance; COVID-19; SUSTAINABILITY; ELECTRONIC wallets
- Publication
Journal of Financial Service Professionals, 2021, Vol 75, Issue 2, p28
- ISSN
1537-1816
- Publication type
Article