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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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.
Social media is becoming a common communication vehicle in the financial services industry.
Sixty one percent of Americans believe most people need disability insurance, yet only 26 percent said they owned any, according to the 2015 Insurance Barometer Study conducted by LIMRA and Life Happens.
WINDSOR, Conn., March 30, 2016 – LIMRA today announced the winners of its contest to recognize the top 25 Rising Stars of Distribution under 40 in the financial services industry.
U.S. Single Premium Pension Buy-out Sales Top $13.7 Billion in 2016, LIMRA Secure Retirement Institute Reports
WINDSOR, Conn., March 2, 2017— U.S. single premium pension buy out sales totaled $13.7 billion, almost one percent higher than prior year and the second highest annual total recorded, according to LIMRA Secure Retirement Institute’s quarterly U.S. Group Annuity Risk Transfer Survey.
LIMRA is proud to support Life Insurance Awareness Month (LIAM). The industry-wide campaign, which takes place each September, aims to educate consumers on the importance of life insurance, the role it plays in protecting families’ financial security, and help them get the coverage they need.
LIMRA Secure Retirement Institute: U.S. Single Premium Pension Buy-out Sales Break 15-Year Record in the Second Quarter 2017
WINDSOR, Conn., August 31, 2017 – U.S. single premium pension buy-out product sales were $4.1 billion in the second quarter of 2017, more than three times higher than sales recorded in the second quarter 2016, according to LIMRA Secure Retirement Institute’s quarterly U.S. Group Annuity Risk Transfer Survey.
According to the 2019 Insurance Barometer Study, almost 6 in 10 American consumers own some type of life insurance. The primary drivers behind their purchase are to cover final expenses, replace the income of a wage earner and to leave an inheritance.