LIMRA: Record number of Americans plan to purchase life insurance
September 19, 2023 by John Hilton
The life insurance story in the United States is some good news offset by a little bit of bad news.
First, the bad news: Just 52% of U.S. adults report having life insurance, down from 63% in 2011, LIMRA reported. On the plus side, a record-high number of Americans (39%) say they plan to purchase life insurance this year.
There was more good news than bad, according to new LIMRA data.
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Originally Posted at InsuranceNewsNet on September 13, 2023 by John Hilton.
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