Dedication to helping consumers make smart insurance decisions


Our views on life insurance and finance-In Facts Tweetable

No comments
Our views on life insurance and finance-In Facts Tweetable -

For the fourth consecutive year, life happens and LIMRA were checking the pulse of the American people and their attitudes on life insurance, retirement and financial well-being.

2014 study Barometer insurance just published shows that children of the millennium, 25-34, show the highest level of concern across all generations for common financial issues planning, including savings. retirement, paying for the education of a child and burden others with the final expenditure

retirement is certainly not to be seen with rose-colored glasses: 52% of 25-34 year olds are "very "or" extremely concerned "about having enough money for a comfortable retirement, followed closely by those aged 35-44, 47% have the same concerns.

and if ever there was a stone of stumbling to life insurance property which was really "not there" price, or better said the price received Get this. When asked the price per year for a $ 250,000 20-year policy of level term life insurance policy for a healthy 30 years, the median cost given by the 25 and under $ 1000 was nearly 10 times the actual cost of $ 150 annually. overall, more than 80% of Americans overestimate the cost of life insurance.

overall, more than 80% of Americans overestimate the cost of life insurance.

Couple this with the fact that many people prioritize things like paying for cable and mobile phone or eating out on obtaining life insurance. Ouch!

Here are 10 life insurance facts of the study are "tweetable" which means you can share them by clicking on the fact that you want to tweet and the tweet will be generated for you. And make sure to follow us on Twitter at @lifehappens.

The source of all these statistics is 2014 Insurance Barometer Study, life happens and LIMRA.

Tweet 65% of adults agree that they personally need life insurance and 27% say they need more than they have. http://lifehap.pn/1g7wUnM #LifeStats

Tweet 31% say they would feel the financial impact of the death of the main wage earner in 1 month. http://lifehap.pn/1g7wUnM #LifeStats

Tweet 52% of 25-34 year olds are very / extremely concerned about the lack of money for retirement. http://lifehap.pn/1g7wUnM #LifeStats

Tweet 47% of 35-44 years are very / extremely concerned about the lack of money for retirement. http://lifehap.pn/1g7wUnM #LifeStats

Tweet 80% of Americans overestimate the cost of life insurance. http://lifehap.pn/1g7wUnM #LifeStats

Tweet Those under 25 overestimate the cost of life insurance in 10x! http://lifehap.pn/1g7wUnM #LifeStats

Tweet 59% or more have not bought life insurance because they have "other financial priorities" http. // lifehap .pn / 1g7wUnM #LifeStats

Tweet financial priorities: 52% selling expenses such as cable and cell phone before buying a life insurance http://lifehap.pn/1g7wUnM #. LifeStats

Tweet financial priorities: 1-5 pay for activities like eating out on buying life insurance http://lifehap.pn/1g7wUnM #LifeStats

.

Tweet 24% have not bought life insurance because ". nobody approached me "http (First lifehappens.org!): // lifehap .PN / 1g7wUnM #LifeStats

No comments :

Post a Comment