Life Insurance And COVID-19: All You Need To Know Insurance by admin - December 28, 2020December 30, 20200 There’s no doubt that the coronavirus pandemic has taught us a number of valuable lessons – one of which is how financially vulnerable we are. Many have witnessed first-hand how quickly life can change and perhaps been reminded of the importance of having financial protection in place. If you've been motivated to take out life insurance since COVID-19, here’s what you need to know. What is life insurance? Life insurance pays out a lump sum to your family or other dependants if you pass away during the term (length) of the policy. It offers peace of mind that your loved ones would be financially protected if you were no longer around to provide for them. The funds received can be used by your dependants however
No Travel is Not Dead. Half of American’s Plan to Rebook and Travel Again Travel by admin - April 29, 2020April 29, 20200 Americans still intend to book travel—that’s according to Apple Leisure Group (ALG) based on research it conducted from its VAX VacationAccess search information and other major studies. While almost 80 percent of U.S. consumers that were surveyed by the University of Florida Crisis Management Initiative, 78 percent had cancelled a trip as a result of coronavirus (COVID-19), just under half (46 percent) planned to rebook those plans. Another 31 percent are unsure about rebooking. ALG adds that, in the short-term, domestic travel will likely recover sooner than international travel. In the four surveys (taken weekly between March 16 and April 13), U.S. consumer sentiment has largely remained the same: About half (ranging from 46 to 54 percent) said they would travel anywhere in the U.S. in the next three