Archive for July, 2017

    Life Insurance Claims are Projected to Increase Dramatically

    Written by Life Insurance Video on . Posted in Colorado life insurance, Medicare supplement idaho, Short term health insurance sc

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    Three in five people own some type of life insurance. Another 34% report a likelihood of making a purchase within the coming year. Unfortunately, the U.S. has the highest rates of chronic health conditions, such as diabetes and heart disease. In fact, 87% of older Americans report at least one chronic illness, and 68% reported two or more according to The Commonwealth Fund in 2014. This means that the likelihood of an increase in life insurance claims is inevitable.

    Today, more than two-thirds of all health care costs are for treating chronic illnesses. Among health care costs for older Americans, 95% are for chronic diseases as claimed in The State of Aging and Health in America of 2013. Affordable term Continue Reading No Comments