New data from the 2024 Insurance Barometer Study, from LIMRA and Life Happens, suggest that life insurance ownership remained steady with half of Americans reporting they have coverage.
Many consumers are aware they need (or need more) life insurance, presenting a critical opportunity for the industry to engage, raise awareness, and educate on the importance of life insurance. Understanding the varying levels of financial stress at different life stages for generations is important for aiding and educating prospective life insurance buyers, which over time can bridge the need-gap, and simplify the complicated world of life insurance for consumers.Related Resources
2024 Insurance Barometer Study
The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of adult consumers in the United States, with a particular focus on life insurance.
U.S. Individual Disability Income Insurance Sales
Get a quick look at the most recent individual DI sales and trends in this quarterly benchmark study. New U.S. Individual Disability Income Insurance - Annual Supplement 2023.
U.S. Individual Life Insurance Forecast
What are the expectations for life sales over the next few years? New 2024 - 2027 report.
2024 Retirement Investors: Behaviors, Attitudes, and Financial Situations
LIMRA’s Retirement Investors Survey tracks the perceptions, attitudes, behaviors, and financial condition of retirees and non-retired workers in the United States.
Collection of Group Disability Insurance, Paid Medical, and Paid Family Leave Claim Benefits’ Taxability Information (Pulse Survey)
This Pulse survey examines how carriers handle group disability insurance, paid medical leave, and paid family leave claim benefits' taxability information.
