As Covid vaccines were being distributed widely, the fifth largest life insurance company in the United States paid out 164% more for deaths of working people ages 18 to 64 in 2021, a report said.
“From 2019, the last normal year before the pandemic, to 2020, the year of the Covid-19 virus, there was an increase in group death benefits paid out of only 9 percent,” Menge noted. “But group death benefits in 2021, the year the vaccine was introduced, increased almost 164 percent over 2020.”
Report: Major life insurance firm paid out 164% more in death benefits in 2021