The hands of three business people can be seen as they discuss financial plans spread out on the table and on tablets. Because the background noise is turned down during a recession and fewer companies are competing for your audience's attention, it can be a great time to rebrand your company or introduce new insurance products. (Credit: Jirapong/Adobe Stock)

Is the insurance industry heading into a recession? It's hard to say for sure, although experts have certainly been discussing that possibility in recent months. Nobody can tell the future, but economic slowdowns inevitably do happen – and you never know when you'll have to face the next one.

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