Hi, did you know some Americans are being turned away trying to Buy Life Insurance? So many of us are moving quickly to purchase polices before they become tougher to get.
According to the Wall Street Journal, Insurance Company's are doing once unthinkable, turning away business from Americans who what a life-insurance policy. The driving force behind the action: collapse in the interest rate tied to the spread of the Coronavirus and an expectation from insurance's that rates won't rebound significantly anytime soon.
For now, a wave of stopgap measures are hitting potential buyers as more and more customers are seeking out life insurance during the Coronavirus Pandemic.
So the results point to higher prices and quite possibly lower death benefits. " In my 44 years, I have never seen more changes come more quickly to the life-insurance products we sell."
As a Trusted Advisor, I implore you to allow me the opportunity to review your life insurance needs now. Let's not put this off another minute, the time is now!
Call me or email me, we need to have this discussion sooner rather than later.
My Very Best Regards,
Luther
Luthercarter@allstate.com
704-542-7500
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