Has COVID-19 impacted the number of individual life applications Canadian companies receive or how they process applications?
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The Impact of COVID-19 on Individual Life Insurance Sales and Applications in Canada
Karen R. Terry, FLMI 4/9/2020
Summary
The current pandemic is impacting applications for individual life insurance and underwriting processes. This study provides a quick, high-level view of the impact of COVID-19 on the individual life market in Canada
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Meet the Project Director
Karen R. Terry, FLMI
Karen Terry leads the Individual Product Research team, developing and implementing LIMRA's research program for individual life, disability long-term care and critical illness insurance products in the U.S. and Canada. Under her guidance, her team provides competitive intelligence on product design, customer demographics, industry sales trends and forecasts for the North American individual insurance markets. With over 25 years of insurance product and consumer research experience, Karen is a leading industry expert on industry performance measures to LIMRA staff, member companies, and the media.
She earned her Bachelor of Science in marketing from the University of Maryland.