As you can see, just over half of
surveyed life insurance owners cite that covering the costs of their funeral / burial and other final expenses is a major reason as to why they purchased life insurance, replacing income is the second most common reason.
J.D. Power and Associates assigns
life insurance companies ratings on a scale of one (average) to five (best) power circles based on
survey feedback from a representative sample of verified policy
owners and on a scale from 1 (worst) to 1000 (best).
The LIMRA
Life Insurance Trends 2016 survey found, for the first time in the history of the study, that life insurance owners are more likely to town term life than whole life (68 percent to 62 perce
Life Insurance Trends 2016 survey found, for the first time in the history of the study, that life insurance owners are more likely to town term life than whole life (68 percent to 62
Insurance Trends 2016
survey found, for the first time in the history of the study, that
life insurance owners are more likely to town term life than whole life (68 percent to 62 perce
life insurance owners are more likely to town term life than whole life (68 percent to 62
insurance owners are more likely to town term
life than whole life (68 percent to 62 perce
life than whole
life (68 percent to 62 perce
life (68 percent to 62 percent).
According to Lincoln Financial Group's recent 2015 M.O.O.D. of America
survey, 84 percent of
life insurance owners said they felt optimistic and more in control of their finances, compared to 76 percent of non-
owners.