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Dice Financial Services Group
1716 N. Sanborn Blvd, PO Box 790
Mitchell, SD 57301
Phone: 605-996-7171
Toll Free: 800-658-3603
Website: www.dicefinancial.com
September/October 2018
Life Insurance Statistics
The following 2017 Insurance Barometer Study is from LIMRA, the financial services industry organization that measures such attitudes and trends, and the nonprofit Life Happens.
- Four in 10 Americans wish their spouse had more life insurance.
- Some 60 million Americans have an average life insurance needs gap (the difference between their actual coverage and their needs) of $200,000.
- About 70% of husbands own life insurance, while only 63% of wives can make the same claim.
- While 85% of Americans believe households should have life insurance, only 59% have it.
- Four in ten households without life insurance would struggle to pay living expenses if their primary wage earner died.
- Americans’ average life insurance coverage would replace three years of income, down from 3.5 years in 2010.
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Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Insurance Services offered through Dice Financial Services Group.
Dice Financial Services Group and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
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