It’s Life Insurance Awareness Month

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This year the COVID-19 pandemic has raised the awareness of the fragility of life and how precarious financial stability can be. Despite the fact that people generally recognize the value of life insurance, LIMRA research shows 46% of Americans are uninsured and many more do not have enough coverage. Before the pandemic, nearly 1 in 3 families said they would face financial challenges within a month if the primary wage earner died.

Use link below to find resources that provide insights about what’s impacting life insurance ownership in 2020 as well as some historic information on how it has changed over the years.

https://www.limra.com/en/newsroom/liam/

LIMRA | 2020 Life Insurance Awareness Month