Beating COVID-19: Tips for Your Insurance, Finances, and Business - June 8, 2020

June 08, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

Are you sure you have enough life insurance? Many Americans feel they do not.
See the article below from Insurance News Net.


"83M Americans Say COVID-19 Has Them More Likely To Buy Life Insurance"
From Insurance News Net:
* As the coronavirus pandemic continues to impact everything from the economy to daily life, worries over personal safety have driven 83 million Americans to consider buying life insurance or increasing their life insurance coverage, according to a new survey from by LendingTree.


"Five retail experts—from Nike, Athleta, and more—on how stores and brands can survive the COVID-19 era"
From Fast Company:
* I don’t believe that retail will completely evaporate overnight. But certain retailers will morph their businesses into a new type of experience for their clients. Now more than ever, the focus is going to be on relationships between the brands and the consumers in a far more intimate and digitally enhanced way.


"Private equity gets go-ahead as option for $7.5tn US defined contributions pensions after Trump coronavirus executive order"
From Alt Assets:
* Pantheon partner Susan Long McAndrews said, “Many people understand the dynamics of the shrinking public markets, and that exposure to small and mid-sized companies – especially technology companies experiencing significant growth – is often only available through private investments.
“Less understood is the performance gap. In our view, retirees really can’t afford to leave 40 basis points annually on the table over a 35-year investment horizon.
“We believe the department’s action today is an important step to address this and we look forward to working with plan sponsors to offer millions of ordinary working Americans the potential for a more secure retirement.”


"Laid-off workers start side hustles, business ventures to survive amid COVID-19 pandemic"
From USA Today:
* With the coronavirus pandemic throwing tens of millions of Americans out of work or reducing their hours, many are scrambling to make ends meet by taking on part-time jobs and other side hustles, launching new ventures or playing the market – often from the safety of their homes.


"Reopening America Is the Only Bailout States Need"
Tarren Bragdon is the chief executive officer at the Foundation for Government Accountability.
From Townhall:
* Americans are ready to live in freedom and prosperity again. They’re ready to work, go out to eat, shop, and be with their friends and families. The pulse of the public says that it is time to reopen—safely but reopen. But Americans are not ready or willing to bail out states for problems that existed long before COVID-19 or to delay the economic recovery by another 180 days or more.

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here