FOXO Technologies Stock: Invest in Longevity Insurance

Getting life insurance is one of those things responsible adults are supposed to do, like work the same job for 45 years and retire with a gold watch. Who does that more? Similarly, the number of people buying life insurance policies is declining. During the last decade, the penetration of the life insurance market decreased by 11 percentage points, with just over half of American adults (52%) covered today. While not the oldest industry (wink, wink) around the world, the concept of covering funeral expenses and providing for loved ones dates back to at least the Roman Empire and the so-called funeral clubs. Like many reputable institutions, modern life insurance began with the British, with the first policy offered in 1706 by the Amicable Society for a Perpetual Assurance Office.

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