Majority of Younger American Adults Would Suffer Substantial Financial Consequences If Income Were Interrupted
WINDSOR, Conn., June 23, 2014 — A new LIMRA study found that 6 out of 10 Generation X and Y Americans say losing their income for 6 months due to accident or illness would have a significant or drastic impact on their families' financial well-being.
More than Half of Current IRA Owners Were Unaware of New Roth IRA Conversion Rule Changes, Finds LIMRA
WINDSOR, Conn. Feb. 5, 2010—Fifty-four percent of current IRA owners and about three-quarters of all respondents said they didn't know about the new Roth IRA conversion rule changes, according to a January 2010 consumer survey conducted by LIMRA.
LIMRA Secure Retirement Institute: Majority of Americans Wish Their Families Talked More About Financial Investments and Products When They Were Young
A new LIMRA Secure Retirement Institute (LIMRA SRI) study finds only 13% of American adults feel very knowledgeable about financial products and investments.
WINDSOR, Conn., July 12, 2010—Much like the fable “The Grasshopper and the Ant,” pre-retirees fall into two categories: those that have diligently prepared and saved for retirement (the ant) and those who have not (the grasshopper).
WINDSOR, Conn., July 30, 2012 — The majority of Generations X and Y consumers would consider buying life insurance policy from their bank — significantly higher than older generation (Boomers and Silent), where only about a third of these consumers say they would consider it.
Millennials, Younger Americans Continue to Show More Anxiety About Common Financial Planning Issues than Older Generations
2014 Insurance Barometer Study from LIMRA and Life Happens Analyzes Life Insurance Preferences, Finds Consumers Age 34 or Younger Recognize their Need but Likely to Overestimate Cost.
2017 Insurance Barometer Study Reveals That Consumers Want Transparent Life Insurance Buying Options
Seventh annual study from Life Happens and LIMRA shows simplified underwriting and easy to understand offerings are key to getting consumers the coverage they know they need, but don’t have.
LIMRA Study Finds African Americans Place More Value on Life Insurance Protection Compared to Total Population
WINDSOR, Conn., June 16, 2010—African Americans place greater emphasis on the goal of having adequate life insurance and are twice as likely to consider purchasing life insurance for themselves or for someone else in the household compared to the total U.S. population, according to a new LIMRA study.