COVID-19 reinforces the value of insurance to cover mortality risk

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      <subfield code="a">The COVID-19 pandemic is highlighting households' lack of adequate financial protection against the premature death of a breadwinner. We expect the global mortality protection gap to widen further in 2020 from a high of almost USD 430 billion in 2019. It is crucial that insurers understand the factors affecting insurance purchase decisions in order to narrow the mortality protection gap and improve societal resilience. </subfield>
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