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How COVID-19 Has Affected the Retirement Business

Even before the onset of the COVID-19 pandemic and the resulting economic uncertainty, Americans were struggling with retirement readiness. In fact, Secure Retirement Institute (SRI) research reveals 40% of working Baby Boomers have less than $100,000 saved for retirement — 25% have less than $25,000.

Help Protect Our Families: The Pandemic’s Effect on the Likelihood to Buy Life Insurance

5/4/2021 1:00 PM EDT - 2:00 EDT

Please join LIMRA and Life Happens to learn more about the recently released findings from the 11th annual Insurance Barometer Study.

How COVID-19 Has Impacted the Retirement Business

In our latest LIMRA Unplugged episode Alison Salka, Ph.D., senior vice president and head of LIMRA Research, chats with Yanela Frias, president of Prudential Retirement, about the challenges pre-retirees are facing and how the industry is working to guide them toward financial wellness.

Industry Associations Unite to Help Address the Life Insurance Coverage Gap in the United States

Seven U.S. life insurance trade associations today announced they are pooling their resources to support the efforts of life insurers and financial security professionals as they help Americans get life insurance coverage and the certainty it provides at a time of great financial insecurity for many Americans.

LIMRA CEO: How Our Industry Responds to Disruption Will Determine the Future

BOSTON, Oct. 26, 2015 — Robert A. Kerzner, CLU, ChFC, president and CEO of LIMRA, LOMA and LL Global, opened the 99th LIMRA Annual Conference in Boston, examining the potential disruption facing the financial services industry and how companies can respond and thrive in this new world order.

Workplace Life Insurance Plays a Critical Role in Protecting Families

According to the 2021 Insurance Barometer Study, 57% of U.S. workers have life insurance through their workplace, and new LIMRA research finds two-thirds of employed Americans rely on workplace life insurance (theirs or another family member’s) to meet their life insurance needs.

LIMRA: Carriers Adapt Workplace Benefits to Help Employees Affected by COVID-19

The coronavirus pandemic and state-mandated social distancing measures have upended many businesses. Many companies have reduced employees’ hours, or laid off or furloughed their employees to mitigate the loss of income. This not only impacts employees’ paychecks but also affects their insurance benefits. LIMRA surveyed insurance carriers to determine what steps they have taken to help ease the challenges for employers and their staff.