Description: Learn more about post-COVID-19 pandemic mortality trends, their drivers, and future projections. Panelists presented multiple perspectives based on audience input. Key points: identifying emerging mortality trends, understanding their implications for actuarial practice, and applying these insights to daily practice.

Description: Term Life insurance is a popular product in the U.S. As a growing number of policyholders have been reaching the end of the level term period, the SOA has been committed to studying policyholder behavior in the post-level term (PLT). Shock lapse, post-level term lapse and mortality have previously been analyzed in SOA PLT studies conducted in 2010 and 2014. This study provides an update of experience and some valuable new insights.