Unknown Facts About Life Insurance that You Should Know Today

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FIRST LIFE INSURANCE COMPANY IN US

Presbyterian Ministers Fund

NUMBER OF LIFE INSURANCE POLICIES IN FORCE IN US

Around 250 Million Policies

Rate of return on life insurer's invested assets

Around 4.75 %

share of americans owning life insurance

Around 55%

share of millennial individual life insurance owners

Around 15 to 16%

most preferred life insurance channel

Independent Life Insurance Agents

most preferred way to buy life insurance

Through Financial Advisor Or  Insurance Agents

most popular reason to buy life insurance

Paying for one's burial costs or final expenses

other top reasons to buy life insurance

To Transfer wealth to their family members 

other top reasons to buy life insurance

To Replace lost wages or income

other top reasons to buy life insurance

To supplementing retirement income

other top reasons to buy life insurance

To payoff the mortgage

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