Delivering on Promises to Customers

3/10/2022

Delivering on Promises to Customers

Life insurance companies paid more than $90 billion to beneficiaries of life insurance policies in 2020, the highest ever in any single year. This represents a 15.4% increase in payments over 2019, which is the largest year-to-year increase since the 1918 Influenza Epidemic.

In 2020, life insurance companies paid the most they ever had in any single year to beneficiaries of life insurance policies – more than $90 billion! This is delivering on the promise to customers. Boston Mutual Life Insurance is here to help you get started with a financial safety plan for you and your loved ones.