The Human Cost Of COVID and the Importance of Life Insurance
Statista recently published an article and chart about the human cost of COVID. Per the article, a Pew Research analysis of CDC data has put the human toll of COVID in the U.S. into stark perspective.
Researchers were able to estimate the total number of years lost by taking a person’s remaining life expectancy into account. An example of this is outlined by Pew: “if a person with a life expectancy of 80 dies at age 50, they are estimated to have lost 30 years of life”.
According to a provisional CDC toll:
- COVID was responsible for some 380,000 U.S. deaths last year – about 5.5 million years of life lost.
- The same dataset reveals that the average number of years lost in the U.S. per COVID death last year was 14.
- Compare that to 12 years lost per stroke death;
- Compared to 17 years lost per cancer death; and
- 31 years lost per accidental death in the year prior.
Life insurance is incredibly important for a number of reasons:
- Protection for loved ones.
- Funds to carry on after an unexpected death.
- Peace of mind.
- Providing a huge benefit for the premiums paid.
Ensure your clients have the invaluable protection that life insurance can provide!
Data Source: https://www.statista.com/chart/25131/us-deaths-and-years-of-life-lost/