N o . 3 They feel financially insecure
Nobody likes feeling financially insecure
But it’s a pressure many experience, and it’s an additional concern when consumers have a family to support. LIMRA’s 2022 Insurance Barometer Study found that two in five parents feel this way.
Feelings of insecurity are a key contributor to stress and anxiety. Among Americans ages 21 to 62:
60%
50%
indicated feeling anxious
reported feeling stress when talking about their finances
According to a report from the FINRA Investor Education Foundation and the George Washington University School of Business
Having life insurance is proven to help alleviate financial stress
LIMRA found that 68% of people with life insurance report feeling financially secure co mp ar e d to 47% o f pe o ple w it h no l i fe in su ranc e. Th i s i s espe cia lly tr ue whe n l i fe in su ranc e co ve rag e co mes f ro m mul ti ple s o u rc es, su c h a s w or kpl ac e plus indi v id u a l co ve rag e, w it h 78% o f pe o ple in t h at s it u ation feel ing m or e fi nancia lly se c u r e.
W it h y o u r expe rti se, y o u can o ffe r c l i e nt s support, reliable coverage, and a first step on t he p at h to w ard fi nancia l se c u rit y.
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