Coronavirus: Life insurers hit pause on policy issuance to older Americans

Share to friends
  • 72
    Shares

As fear and anxiety continue to grow over coronavirus, some U.S. life insurers are deciding not to gamble on older Americans by temporarily suspending applications from certain age groups or imposing tougher requirements, Reuters reported.

Prudential Financial Inc <PRU.N>, Lincoln National Corp <LNC.N> and Protective Insurance Corp <PTVCB.O> are among the insurers that have made changes. Prudential and Protective are temporarily halting applications from individuals aged 80 or older, while Lincoln has postponed approving policies for that age group and others, the companies said. Read on through this link

Coronavirus: Life insurers hit pause on policy issuance to older Americans

LEAVE A REPLY

Please enter your comment!
Please enter your name here

five × 3 =