Black American Life Insurance Ownership: Discovering New Opportunities (2017)
Black American households are more likely than the general population to own individual life insurance. However, their coverage levels tend to be lower.
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.
Black American Market Presents Opportunity for Retirement Advisors
A new study from LIMRA Secure Retirement Institute (LIMRA SRI) finds Black Americans are slightly less likely than the general U.S. population to be working with a financial advisor (33 percent versus 37 percent).
LIMRA: Black Americans are More Likely to Buy Life Insurance Than the General Population
Six in 10 Black American households (approximately 9.9 million) indicate they are fairly or very likely to buy life insurance for themselves or another member of their household in the next 12 months, compared to just 45 percent of the general population.
Life Insurance Ownership in Focus (2016)
The latest trends in life insurance ownership and coverage levels for American households from 1960 to 2016.
Millennial Misconceptions of Life Insurance: a Barrier to Life Ownership
Insurance professionals will gather at 2017 Life Insurance Conference to learn more about how to overcome these misconceptions.