According to Benefits Pro.com, life insurers will have to prepare for the possibility that the life span of life insurance policyholders, annuity holders and pension plan participants could fall.
- According to the article, the provisional life expectancy at birth in the first half of 2020 was at its lowest level since what year?
- Is it due to COVID?
- What are the significant uncertainties concerning future U.S. longevity?
- Why is this important to an accountant?
Bell, A. (2021) Uncertainty about mortality will rattle life, health and pension sectors. Benefits Pro.com, June 9 (Retrievable online at https://www.benefitspro.com/2021/06/09/trendspotter-uncertainty-about-mortality-will-rattle-the-life-health-and-pension-sectors-412-117219/?)