Every six years, LIMRA, a research group focused on the insurance industry, conducts and releases a survey regarding insurance trends in America. The most recent report detailed several disturbing trends in the life insurance arena, including the fact that life insurance ownership is at a 50 year low, with about a third of U.S. households going without this safety net. Industry leaders found this to be surprising as prices for policies are cheaper than ever before. In the Chicago Tribune article, “An inexpensive life insurance policy can avert financial disaster,” by Gregory Karp, LIMRA CEO, …
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