Teen Challenge - 2024 Executives Benefits Guide

OneAmerica Life Insurance Needs

Protecting Your Loved Ones — No Matter What

“Will my loved ones be OK when I’m gone?” It’s a difficult question to ask yourself, but an important one all the same.

If you were to pass away unexpectedly, how would your loved ones cope financially? Would they be taken care of? Or would they find themselves struggling to make ends meet while still in the midst of their grief? A Growing Gap for Families Across the country, American families face a growing insurance gap. In early 2020, 46% of U.S. adult consumers didn’t own life insurance. 1 Yet, 44% also stated that their families would begin to feel the financial effects within six months of a primary wage earner passing away — and 28% would do so within just a month. 1 But life insurance isn’t just about protecting your loved ones in the short term. It can also be a way of providing for them for decades to come, by keeping them on track for their long-term goals, whether they be college education, home ownership or even retirement. 1. Source: https://lifehappens.org/blog/is-life-insurance-tomorrows- problem-findings-from-the-2020-insurance-barometer-study/ June 16, 2020.

46% of U.S. adult consumers don’t own life insurance. 44% state that their families would begin to feel the financial effects within six months of a primary wage earner passing away.

To learn more, or if you have questions about the life insurance options available through your employer, contact your human resources department today.

25 TEEN CHALLENGE 2024 BENEFITS GUIDE

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