Consumers should seek out life insurance that works for them
Polls routinely show that people understand the value life insurance can provide for them and their loved ones on a long-term basis.
Life insurance could change dramatically soon
The life insurance business is always changing, but there have long been industry norms to which just about everyone involved – from insurers to policyholders – has conformed for years.
Majority of Americans go without life insurance in 2017
Polls have shown that the majority of Americans understand the value life insurance can provide them and their loves ones on a long-term basis.
Even current life insurance policyholders need an occasional check-up
In recent years a lot of focus in the life insurance industry as a whole has been placed on getting more people into the life insurance ecosystem who did not have coverage before.
Young adults still lag in having life insurance
While most adults tend to understand the benefits life insurance can provide for them and their loved ones, young adults in particular tend to lag behind when it comes to actually buying such coverage.
Consumers need to revisit life insurance needs over time
One of the big issues many Americans may face when they deal with their life insurance is that they may not know exactly what they need at any given time.
Life insurance needs are continually evolving
The good news for both consumers and the life insurance industry simultaneously is that more people are buying coverage these days thanks to an improving economy.
Life insurance sector continues to make progress
Over the past few years, the number of Americans who could afford to buy life insurance and were motivated to do so has increased dramatically.
Life insurance lacking for millennials, single parents
Financial stress is a fact of life for millions of Americans, but experts also say these individuals might not be doing all in their power to make sure they’re adequately protected.
Experts stress importance of disclosing life insurance details to ensure intended benefits are provided to beneficiaries
One of the big topics in the life insurance industry over the past several years has been increased efforts on the part of government agencies to help beneficiaries find unclaimed benefits in their names after insureds pass away.