Posted on 06/22/2022 5:10:33 AM PDT by Roman_War_Criminal
Five months after breaking the story of the CEO of One America insurance company saying deaths among working people ages 18-64 were up 40% in the third quarter of 2021, I can report that a much larger life insurance company, Lincoln National, reported a 163% increase in death benefits paid out under its group life insurance policies in 2021.
This is according to the annual statements filed with state insurance departments — statements that were provided exclusively to Crossroads Report in response to public records requests.
The reports show a more extreme situation than the 40% increase in deaths in the third quarter of 2021 that was cited in late December by One America CEO Scott Davison — an increase that he said was industry-wide and that he described at the time as “unheard of” and “huge, huge numbers” and the highest death rates that have ever been seen in the history of the life insurance business.
The annual statements for Lincoln National Life Insurance Company show that the company paid out in death benefits under group life insurance polices a little over $500 million in 2019, about $548 million in 2020, and a stunning $1.4 billion in 2021.
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. But group death benefits in 2021, the year the vaccine was introduced, increased almost 164 percent over 2020.
(Excerpt) Read more at crossroadsreport.substack.com ...
Rates will escalate.
Breaking 7 days ago
Ok, but that group includes a lot of boomers at the top end. How much of that $6 billion are from the top end of the age bracket and how much in premiums did they collect against those payments?
Boy, are you right on top of it! ;)
Too much more of this, and there won’t be any reason to be insured.
At least there is mounting evidence of the deaths the Democrat Media won’t talk about.
This is doubleplusgood comrade.
/s
Another posting from a few days ago... Still breaking
https://freerepublic.com/focus/f-chat/4072539/posts
you don’t really ‘get’ statistics, do you...?
“All your actuarial tables are our”
Insurance tables and rates have been developed over many years of careful data collection and statistical analysis. This should be an alarm bell to the life insurance companies to look for the cause (jabs?) and not hide it. They’re TBTF heavyweights who can’t easily be canceled for announcing their findings.
Of course, they could just silently raise rates, but that’s a multi-year process with many life insurance contracts, and our “free” government would likely jump on them for profiteering.
If anyone is a communist troll it is you.
That’s called “tongue in cheek” you simpleton.
Guys who have a $250k policy will freak out, and you start to see trend to lesser life insurance ($100k policies). Wife discovers the lesser coverage after the funeral and realizes how screwed the family is now.
How about lawsuits against forced “vaccinations” of an experimental drug? Insurance companies like suing to recover damages…..
I suppose I’m more focused on the deaths. 40% up for 18-64 years old.
The insurance will level off. No one will be working or insured. The family you describe is already screwed, as things go.
You really didn’t answer my question in the post, did you?
Thanks for the post.
It is sad that Posts 3 and 8 are critical of bringing information to the table.
Sometimes it takes more than one exposure to get the message.
Have a blessed day.
But this is well within the normal range of secular variations, right?
Ri-ight?
Regards,
Don’t bring logic to this argument. You will be called names. Lol.
Without a LOT of information, this is difficult to pin on anything other than demographics.
But…let the dogs bark.
BKMK
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