Recent research has shown that the struggling economy is holding many back from coverage. According to a recent study, millions of middle aged Americans are choosing not to obtain life insurance as a result of the shaky economy in the country that is creating a lack of stability in their own personal financial situations. Research has indicated that the average American’s savings is sitting at a mere $3,000. Beyond the lack of savings, the economic uncertainty has indicated that an even larger number of people are finding themselves in a…
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Life insurance study shows satisfied claimants
The results of a recent study have revealed that 95 percent of the people who have made claims are satisfied. According to the outcome of a recent LIMRA survey, additional services offered by life insurance companies, such as coverage coordination and grief counseling are generating a larger amount of business, boosting recommendations, and are enhancing the positive perception of claimants. The study showed that among the beneficiaries of the policies, the vast majority are quite satisfied with the experience. The LIMRA research indicated that 95 percent of life insurance beneficiaries…
Read MoreLife insurance study reveals perceived value of the coverage
Americans think highly of the benefits, but feel that there is notable room for improvement. A recent survey has shown that American workers place a high value on the benefits they can receive from life insurance, but that there is a great deal of room to improve the way that the system and coverage works. This workplace benefits study was performed by an insurer in the industry. The Guardian Workplace Benefits Study was conducted by Guardian Life Insurance Co. of America. It is meant to identify the value that workers…
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