Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 19, 2020

July 19, 2020
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News. Insights. Analysis. Inspiration.

Today's Key Question:

The residents of which countries do you think spend the most money on life insurance? The answers may surprise you.

See the article below from Think Advisor.

  

"'A big mistake': Kudlow says another shutdown to curb surging coronavirus cases could threaten a V-shaped economic recovery"

From Business Insider:

* Another shutdown would cause additional harm to businesses and people forced to stay home, and "the great V recovery might give way," he said. 

 

"How one US beauty salon boomed in the pandemic"

From Vogue Business:

* “You win and build trust as a brand by being available at any time, from any place,” says Heyday co-founder and chief executive Adam Ross. The pandemic sped up the company’s goal to offer accessible online skincare guidance, according to co-founder and chief experience officer Michael Pollak.

  

"The power of positive thinking has been debunked. Try reality thinking instead"

From FastCompany:

* Who fares best? Realistic thinkers, who make decisions based on accurate assessments—aka reality. “Being realistic about your future and making sound decisions based on evidence can bring a sense of well-being, without having to immerse yourself in relentless positivity,” noted the study’s coauthor Chris Dawson, an associate professor of business economics at the University of Bath School of Management.

  

"The Top 5 Global Markets for Life Insurance"

From Think Advisor:

* Economists at Swiss Re estimate that the people of Earth spent the equivalent of $2.9 trillion on premiums for life insurance and annuity products in 2019.

That amounted to an average of $379 for each of the world’s 7.7 billion people, and about 3.35% of the world’s $87 trillion in total gross domestic product (GDP).

 

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