Like Never Before
Life insurers are proud of the role they've played during this unprecedented pandemic. Their commitment to providing financial security for millions of Texans during these difficult times is more important than ever. They have fulfilled that commitment like never before.
Data show that life insurance companies across the country paid more to beneficiaries in 2020 than any single year in our nation's history. In Texas, life insurers paid out $8.8 billion in 2020, a 12% increase over 2019 — the largest single-year increase since the 1918 Influenza Pandemic.
