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Australia HNWIs flock to life insurance products amid COVID-19 fears: GlobalData

The resurgence of COVID-19 infections across Australia has sent HNWIs in the country buying life insurance products — even as trust levels for insurers remain low, according to GlobalData. The data and analytics company’s 2020 Global Wealth Managers Survey shows a surge in demand in life insurance products for Australia’s HNW investors. In fact, 88% of the wealth managers surveyed…

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