OneAmerica offers employers across the country group life insurance, which generally covers people 18 to 64-years-old.
Even more alarming is where those death rates are hitting, with Davison saying it’s primarily among working aged people between the ages of 18 and 64 who are covered by OneAmerica’s group life policies. The insurance company says that’s similar to what the rest of the group life industry is seeing and is consistent with CDC data.
“Death rates are up 40 percent over what they were pre-pandemic,” said Davison of OneAmerica’s group life policy holders.
To illustrate just how severe the current death rate is, Davison said a 1 in 200-year catastrophe would likely only cause a 10 percent increase over pre-pandemic deaths.
R&I~Smit //moved to Old News //