America’s working and middle class keeps getting squeezed. The COVID-19 pandemic piled additional burdens on ordinary Americans, including forcing families to juggle their home and work responsibilities with the demands of remote schooling.
As public policymakers seek solutions that provide greater financial security and stability for families nationwide, the life insurance industry is focused on efforts to build and strengthen the middle class.
America’s life insurers helped families and businesses through the pandemic, paying out $100 billion in life insurance benefits in 2021, a record high for a single year. We're committed to closing coverage gaps so that more families can experience the protection that comes with life insurance coverage.