Less than Half of Middle-Market Consumers Own Individual Life Insurance Creating a Gap in Protection
WINDSOR, CT, Sept. 2, 2014 — A LIMRA study on middle-market consumers found that only 46 percent own individual life insurance,revealing a critical gap in protection.
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A new LIMRA study among African Americans finds that more middle market African Americans place saving for an emergency fund as a top financial priority than the middle market as a whole (74 percent vs. 62 percent).
As the financial services industry calculates opportunities in the middle market a new LIMRA report finds middle market households own the majority of individual permanent life insurance inforce.
Back in the 1700's English theologian Isaac Watts said "Learning to trust is one of life's most difficult tasks."
New LIMRA Research Finds Chinese-Americans More Likely to Own Individual Life Insurance than the General Population
Feb. 9, 2016—According to new LIMRA research, half of Chinese-Americans own individual life insurance, compared with 39 percent of the U.S. general population.
Windsor, CT, April 6, 2005 — In a broad survey of American households, nearly half said they believe they need more life insurance and more than one-quarter said they actually expect to purchase more in the coming year - a decision that would add trillions of dollars of coverage to the amount already in force.
In a recent LIMRA study, 50 percent of middle market consumers said they prefer to buy life insurance face-to-face with a financial professional, while 75 percent said they want an advisor who can educate, listen and develop trust.
WINDSOR, Conn., Sept. 3, 2013 — A recent LIMRA study “Financial Protection for Hispanics” made the observation that for many reasons, Hispanics offer a natural market for life insurance.
WINDSOR, Conn., June 25, 2014 — A new study of the middle market, conducted by LIMRA and Epsilon, shows that consumers within this segment have very different financial priorities and widely varying perceptions of risk and the role of life insurance in a financial protection plan.
Windsor, CT, September 4, 2007 — LIMRA International reports U.S. individual life insurance premium sales increased five percent in 2nd quarter 2007 resulting in a two percent increase for the first half of 2007 over 2006.