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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.
On May 15, 2020, the House of Representatives passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act in response to the COVID-19 pandemic. The HEROES Act currently contains several items for both single employer and multiemployer defined benefit plans. This alert focuses on the multiemployer provisions in Division D of the Act.
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