LexisNexis Risk Solutions and Life Happens
Organization Partner to Support the U.S. Life Insurance Protection
Gap
ATLANTA, Oct. 20,
2023 /PRNewswire/ -- LexisNexis® Risk Solutions, a
leading data, analytics and technology provider, today announced
Peyton Sims as its 2023 recipient of
the Life Lessons Scholarship. Formed in 2005 by Life Happens,
the Life Lessons Scholarship Program seeks to provide
financial scholarships to college students and college-bound high
school seniors who have lost a parent or guardian with little or no
life insurance.
The life Insurance protection gap remains a widespread issue in
the U.S. The 2023 LIMRA Barometer Study reports that the total life
insurance need gap now encompasses 101 million adults who don't
have enough life insurance coverage[i]. Overall, the life
insurance need gap has remained steady since the beginning of the
pandemic.
"When we heard of Peyton's story of hardship and determination
to manage the tragic loss of her father from an early age, all
while continuing to balance her education, being honored as a
Division 1 athlete, and taking on work to assist with the family's
bills, we were pleased to name her as our Life Lessons Scholarship
recipient," said Debra Gangelhoff,
vice president and general manager, life insurance, LexisNexis Risk
Solutions. "We recognized Peyton's dedication to helping others and
pursuing studies in the medical field made her an inspirational
candidate."
A student at Mount St. Mary's
University in Emmitsburg,
Maryland, Peyton recently embarked on her first year, where
she is working towards her bachelor's degree in healthcare. Her
father passed away when she was nine and was one of her biggest
cheerleaders. Peyton found her passion in lacrosse, earning a spot
on a Division 1 team and excelling at her high school studies.
Peyton worked at multiple jobs year-round while balancing school
and sports.
"Although I knew my life was permanently altered when my dad
passed, I wanted to live the best life possible. My father
unfortunately let his life insurance lapse, and I now know how
important life insurance is," said Peyton. "When he passed, I
recognized I wanted a career focused on helping others and studying
health sciences to become a physician assistant. Medical school is
an extreme financial commitment, and the Life Lesson Scholarship
will assist in affording my education and pursuing my dreams."
For more information, visit the LexisNexis Risk Solutions Life
Lessons Scholarship program page.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced
analytics to provide insights that help businesses and governmental
entities reduce risk and improve decisions to benefit people around
the globe. We provide data and technology solutions for a wide
range of industries including insurance, financial services,
healthcare and government. Headquartered in
metro Atlanta, Georgia, we have offices throughout the
world and are part of RELX (LSE: REL/NYSE: RELX), a global
provider of information and analytics for professional and business
customers. For more information, please
visit www.risk.lexisnexis.com, and www.relx.com.
LexisNexis Risk Solutions Contact:
Chas Strong
Director,
Communications
LexisNexis Risk
Solutions
+1.706.202.5813
Charles.Strong@lexisnexisrisk.com
Laura Desmarais
Brodeur Partners for LexisNexis Risk Solutions
Phone: +1.207.590.7193
ldesmarais@brodeur.com
i https://www.limra.com/en/research/research-abstracts-public/2023/2023-insurance-barometer-study/
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SOURCE LexisNexis Risk Solutions