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Inflation and Life Insurance Face Inflation Pressure
Inflation hits fixed dollar life insurance as buyers and sellers weigh preserving purchasing power. Industry leaders, including Massachusetts Mutual Life executive vice president Charlies H. Schaff, challenge stock and mutual fund hedges. He argues dollars may fall from 100 to as little as 50 cents in ten years, while life insurance dollars stay fixed.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York (Ap
Life Insurance
Institute of Life Insurance
Commerce Department
Institute
Charlies H. Schaff
Massachusetts Mutual Life
Insurance
Schaff