Lack of Life Insurance in American Household – Ownership Statistics 2019
As a Survey; More Than Half of U.S. Households Lack Life Insurance
Life insurance ownership statistics 2019: According to a survey of LIMRA, U.S household has the lowest level of life insurance coverage in past 50 years. Only 44% household has their own life insurance policy that gives cash benefit after policy holder’s death. Many people hold off life insurance buying as they delay creating a will. This is because either they are too busy or they don’t want to face the issue of dying.
LIMRA is engaged with various services like Research, Consulting, Assessment, Development, and Compliance and Regulatory Services to …read more
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