A record breaking year for life insurance payouts,

$100 billion was paid out in 2021

from life insurance companies to beneficiaries.

So that is actually an 11% jump from 2020

which represented the largest year over year increase,

15% since 1918,

and fluenza pandemic.

So that's crazy.

So, all right, life insurance,

whenever I have a financial plan in Coffat,

EY University, I always get the most questions

about life insurance, it's an ongoing thing,

like every single time.

So it's never a bad time to talk about life insurance

because I realize that so many people still have

so much questions about life insurance.

But I want to talk about it,

but I want to get you guys to pay in learning before I start

talking about it.

So, all right, $100 billion was paid out last year

from life insurance companies to beneficiaries.

So what's your initial thoughts on that?

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