LIMRA: Nearly 5 Million More U.S. Households Have Life Insurance Coverage
Results from LIMRA’s 2016 Household Trends in Life Insurance Ownership Study Underscore Emerging Opportunities for the Industry.
2019 Insurance Barometer Study: Nearly Half of Americans More Likely to Buy Simplified Underwritten Life Insurance
Arlington, Va., and Windsor, Conn., April 1, 2019 – Almost half of Americans (47 percent) say they are more likely to buy life insurance using simplified underwriting, which generally means getting coverage more quickly and without a medical exam versus traditional underwriting approaches, according to new findings from the 2019 Insurance Barometer Study.
Mass Affluent Consumers Believe in Life Insurance Yet Still Have Large Coverage Gap
Recent LIMRA research on mass affluent consumers found more than 75 percent agree that most people should own life insurance, yet nearly 4 million of the 13 million total mass affluent households do not have adequate coverage.
LIMRA: More Than One in Eight U.S. Households Will Be Affected If Congress Fails to Act on Estate Tax Law
WINDSOR, Conn., Sept. 25, 2012 - Almost 15 million U.S. households (12.5 percent) would have a potential tax liability if Congress fails to act and the estate tax law reverts back to $1 million and 55 percent maximum tax.
Black Households: U.S. Life Insurance (2017)
Black households are more likely to own life insurance. However, on average, these households own lower coverage amounts.
LIMRA Study: An Historically High Number of Canadian Households Own Life Insurance
A recent LIMRA study revealed that 12.6 million Canadian households own life insurance coverage, an increase of 3.4 million over the past six years. This marks the highest level of ownership to date in Canada.