Is Life Insurance Worth It?

Is Life Insurance Worth It?

Protecting what matters most was the focus of a recent survey done by financial services firm Edward Jones and nonprofit consumer-education organization Life Happens in December 2018. Not surprisingly, the survey found that 81 percent of Americans believe their family is their most valuable asset, but less than half (41 percent) are protecting their family with an individual life insurance policy. One third of the over 2,000 Americans surveyed (32 percent) indicated that life insurance is either a low priority or no priority item when starting a family

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Life Insurance Premiums Climbing Slowly – Strike While the Iron’s Hot

Life Insurance Premiums Climbing Slowly – Strike While the Iron’s Hot

They call it the “new annualized premium,” and according to the Life Insurance and Market Research Association, premiums climbed 5 percent in the last quarter of 2016. That increase resulted in a 3 percent increase for the whole of last year,  and the data comes from LIMRA’s Fourth Quarter Retail Life Insurance Sales Survey. Ashley Durham, an associate research director at LIMRA Insurance Research, says the U.S. life insurance market has benefitted from steady growth…

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