Living benefit riders to life insurance policies: Pricing considerations and strategy
Adding benefit riders to policies provides meaningful coverage for those who need it, and carriers usually can do so at a relatively low cost.
It is known that comorbidities are related to a high proportion of COVID-19-related deaths. However, so far it has not been possible to quantify their effect on mortality rates segmented by age and gender. Milliman has performed this analysis based on data published by the Health Secretary of Mexico.
The effect of comorbidities on COVID-19 fatality rates
Milliman used data from Mexico’s Ministry of Health to analyze the increase in the mortality rate produced by COVID-19 by gender, age, and the presence of comorbidities.