Experts are raising the alarm after a new study found that sudden deaths among young people are “exploding” at rates never seen before.
Executives at the largest insurance companies in the United States are warning the public and say they are “alarmed” that “healthy” teenagers and young people are suddenly dying.
The study also found that white-collar Americans in the prime of life are inexplicably dying at a record pace.
The spike is causing a “monumental outflow” of death claims in the insurance industry.
The sudden death phenomenon is shaking the industry and causing some experts to take a fresh look at the problem.
According to an Oct. 26 report in InsuranceNewsNet, U.S. insurance companies expected higher-than-normal payouts from excess deaths during the COVID-19 pandemic.
Insurers saw death benefits rise 15.4% in 2020, the biggest one-year increase since the 1918 Spanish flu epidemic, followed by a record $100.28 billion — nearly double the historic norm — in total death benefits paid out by the industry in 2021.
“The numbers were naturally forecasted to climb during the pandemic, but some industry and health authorities are concerned the rates haven’t greatly diminished as COVID infection rates have declined,” InsuranceNewsNet reported.
According to