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Dec

What typically happens to the insurance industry during a period of economic recession?

Posted by MichaelZ  Published in Economics
insurance
Arianna asked:


Are people more afraid and purchase more insurance or less? Does it make them delay purchasing insurance? Life and Health insurance specifically. More specifically senior medical supplement policies, advantage plans, life insurance, long term care insurance, and annuities. I’m asking for myself. Is it a good time economically in the U.S. today to sell these products? General or specific information will be helpful. Thank you for your experience and thoughts.

California Life Insurance
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