Help Protect Our Families: The Pandemic’s Effect on the Likelihood to Buy Life Insurance
Please join LIMRA and Life Happens to learn more about the recently released findings from the 11th annual Insurance Barometer Study.
Industry Associations Unite to Help Address the Life Insurance Coverage Gap in the United States
Seven U.S. life insurance trade associations today announced they are pooling their resources to support the efforts of life insurers and financial security professionals as they help Americans get life insurance coverage and the certainty it provides at a time of great financial insecurity for many Americans.
Workplace Life Insurance Plays a Critical Role in Protecting Families
According to the 2021 Insurance Barometer Study, 57% of U.S. workers have life insurance through their workplace, and new LIMRA research finds two-thirds of employed Americans rely on workplace life insurance (theirs or another family member’s) to meet their life insurance needs.
LIMRA: First Half of 2021 Had Highest U.S. Life Insurance Policy Sales Growth Since 1983
Increased consumer demand continues to drive record life insurance sales. In the first six months of 2021, the total number of policies sold increased 8%, compared with prior year results. This is the highest policy sales growth recorded since 1983, according to LIMRA’s Second Quarter U.S. Individual Life Insurance Sales Survey.
Help Protect Our Families 2021
The COVID-19 pandemic has heightened people’s anxieties around their physical and financial security. At this pivotal moment, our industry has an opportunity and obligation to help more Americans secure the financial protection they need.