Financial Friday Round-Up: May 24 – May 28, 2021
Welcome to the latest Financial Friday Round-Up, our weekly column filled with the best things for you to read, watch or listen to regarding finance around the web. Below you will find articles on how to keep active at your desk, what happens when life insurance is denied, what it takes to get consumers to buy something new, and more.
During the pandemic, a number of life insurance policies saw their biggest quarterly gain in almost 40 years. However, the numbers show that the average policy size shrank, suggesting that more policies are now being bought by those with smaller incomes. For more on this change in coverage demographics, check out this report from The Wall Street Journal.
Planet Money conducted an interesting experiment to see just how consumers react to new and innovative products and why they are not always as excited as businesses would expect. Listen to this short episode for a glimpse into the best way to introduce a new kind of product to market.
An unfortunate but rare outcome for life insurance beneficiaries that often goes undiscussed is when insurers must deny a claim due to the terms of the policy. Though fewer than one in 200 claims is denied, it is worth knowing what could lead to a claim denial. Check out this piece from Money to stay informed.
Bloomberg has a few tips for anyone feeling sore after being at their desk all week. Check out this brief guide to office movement including standing desk tools, air cushions, and a tiny trampoline.