Life Insurance Study

Life Insurance Study

ING U.S.'s Insurance Revealed study uncovered striking disconnects in attitudes and behaviors towards life insurance.  The study revealed that the majority of consumers understood the value - particularly death benefit protection for their family - and felt the current economy made life insurance more important.  Yet, many lack confidence in their coverage amount and have not talked with their spouse about what would happen to the family finances if one of them passed away.

 

Insurance Revealed Study Report

 

Media Highlights
08/14/2013 | BenefitsPro

Individual life policies were some of the first voluntary products sold in the U.S. workplace. Today, 81 percent of individuals with life insurance have workplace coverage, while half of individual...

06/01/2013 | Life & Health Advisor

Article by ING U.S.'s Kurt Fasen that points out the direct, yet often overlooked, connection between insurance and retirement planning. Fasen highlights the value of worksite cov...

04/01/2013 | Life and Health Advisor

InProfile features Heather Lavallee, ING U.S.'s president of employee benefits distribution.  Lavallee points out that workplace coverage has never been more important, citing IN...

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ING U.S. Insurance Revealed Infographic

ING U.S.'s Insurance Revealed study uncovered striking disconnects in attitudes and behaviors towards life insurance.

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Calculated Life Insurance Needs

The ING U.S. Insurance Revealed study found that a majority of parents (54 percent) had not calculated how much life insurance they need to provide adequate protection for their family.

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Life Insurance Discussions with Spouse

An ING U.S. study found that 59 percent of  married Americans without life insurance had  rarely or never talked with their spouse about what would happen to the family finances if one of them passed away.

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Obstacles to Purchasing Life Insurance

 An ING U.S. study found that a significant number (51 percent) of respondents cited other priorities, such as paying off debt or a mortgage, as major obstacles to purchasing life insurance.

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Confident with their life insurance coverage

An ING U.S. study showed that individuals who purchased life insurance face-to-face with a financial professional felt the most confident and knowledgeable about their coverage, with 70 percent feeling very or extremely confident.

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LIMRA's Facts About Life 2012

LIFE Foundation -- consumer information about life Insurance