Perceived need for life insurance is waning: J.D. Power


Insurance Forums - Nov 23, 2020

The percentage of Americans who own life insurance continues to decline, largely driven by eroding interest among mass market consumers under the age of 45. That’s a key finding of the recently released J.D. Power 2020 U.S. Life Insurance New Business Study, which shows that as alternative forms of...

Read Full Article

Recommended Articles

Whole Life lone bright spot in down Q3 for life insurance sales

Posted: Dec 01, 2020

Sales of whole life insurance were up 12.9% in the third quarter of 2020, making it the only categor...

InsureTech Connect moving to Mandalay Bay in 2021

Posted: Nov 18, 2020

The organizers behind InsureTech Connect put out a “save the date” this week for the 2021 edition of...

Home care dominates majority of long-term care insurance claims

Posted: Nov 16, 2020

More than two-thirds (70%) of 2019 long-term care insurance policy claimants received initial benefi...