Saving You Money For Life

One in three Americans doesn’t have life insurance, leaving an estimated 77 million Americans financially exposed according to a recent survey.
The survey, commissioned by Heritage Union, a pioneer in the life insurance market focused on meeting the income protection needs of American families, and conducted by IPSOS Public Affairs, a leading, global research company, also found that:

• 34 percent of respondents – split evenly between men and women – are uninsured.
  • Of those who do have life insurance, one in five (22%) do not believe they have enough.

• When asked why they lack life insurance, 43 percent of those surveyed said that coverage was too expensive
  • 47 percent noting that the “uncertain economy” is restricting their capacity to purchase insurance.
  • One in four respondents (24%) said that they did not think they needed it
  • One in seven (14%) felt that shopping for life insurance was too complicated or too much of a hassle.

• Only 38 percent of those with a household income of under $25,000 per year are insured, a figure that rises to 80 percent for those households earning more than $50,000 annually.

• When asked how much life insurance they thought was enough 23 percent said they would need between $400,000 and $1 million while 22 percent thought that $11,001 to $100,000 would be sufficient.

Don’t put off protecting your family’s future. Find out which types of life insurance are best or get a life insurance quotes online today!

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