Life Insurance Facts and Figures

 In Life Insurance FAQ

How Many People Are Currently Protected?

Only 62% of Americans claim to have life insurance, though 85% agree that most people need it. We find that many of our clients are surprised by the amount of life insurance they can get within their budget.

Cost Is the Primary Reason People Choose Not to Own Life Insurance

However, 80% of people overestimate the cost of term life – with millennials assuming the cost to be 213% higher than it truly is.1

Reasons You Should Consider Owning Life Insurance Sooner Rather Than Later

70% of families with dependents under the age of 18 state they would have significant difficulties covering the costs of everyday life within a few short months if the primary jobholder were to pass away.2

Furthermore, 40% of these families with dependents under 18 fear they would have immediate trouble keeping up with daily living expenses if the primary wage-earner were to die.2

Let Us Provide You with the Peace of Mind You and Your Family Deserve

With the countless twists, turns and incidents life throws at us, it’s important that you take the time now, while you’re alive and well, to establish a life insurance plan that ensures your survivors will continue to be financially secure should you pass away. When you’re ready to start putting a plan in place, contact Healthcare Consultants, Inc.’s licensed insurance agents to request a quote today!
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2. LIMRA Household Trends in U.S. Life Insurance Ownership, 2010

Life Insurance infographic

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