Yes, life insurance, a product that before the pandemic had been suffering from a long-term slide. John Vaccaro, head of MassMutual Financial Advisors copyright 2018 WENDY BARROWSThat’s not to say life insurance wasn’t important. Nevertheless, life insurance was a difficult sell. Sixty years ago, around 72% of Americans owned life insurance. The stock market’s annual returns became intoxicating, beating life insurance, which has only paid a return after the policyholder died.

Source: Forbes February 18, 2021 17:51 UTC