When it comes to employee benefits, where you are in life impacts what you feel is most important. LIMRA research finds Millennials place a greater level of importance on education and parental leave than Generation X (Gen X) and Baby Boomers.
A new LIMRA Secure Retirement Institute survey found the top financial priority for 54 percent American household is to save more money. Other financial priorities include paying down debt, creating a long term financial plan and building better spending habits.
9 in 10 workers rank health care and retirement as the most important workplace benefits.
In the 2016 Insurance Barometer Study 56 percent of consumers said they were concerned about supporting themselves if they became disabled and could not work.
LIMRA Secure Retirement Institute: Half of American Consumers Rate Themselves At Least Somewhat Knowledgeable on Health Savings Accounts
New LIMRA Secure Retirement Institute research finds 51 percent of American consumers consider themselves to be very or somewhat knowledgeable when it comes to the features and benefits of health savings accounts (HSAs).
According to LIMRA research, more than one in three U.S. families would have financial difficulty within one month of a primary wage earner dying. More than half say they would be in financial jeopardy within a year. Having enough life insurance coverage could protect families from this risk.
More Than Half of All U.S. Workers Have Difficulty Understanding Retirement Savings in Terms of Future Monthly Income
Many American workers often focus on their retirement account balances and don’t always understand how it will translate into income during their retirement years.
In a new LIMRA study, 78 percent of banks and credit unions with established life insurance programs said growing life insurance sales is an important priority for their institution.