Term Life Insurance Information

Here is an interesting article that was on Fox Business news. I great “Primer on Life Insurance” and other Term Life Insurance Information. Read it over, comments welcome!

No one lives forever. Yet ownership of life insurance — to protect our loved ones when we die — has fallen in the U.S. to a 50-year low, according to the most recent research from LIMRA, a nonprofit life insurance industry group. Thirty percent of U.S. households have no life insurance at all.

“People often don’t want to do the hard analysis it takes to figure out how much money their families will need if they die,” says Steven Weisbart, chief economist with the Insurance Information Institute, an industry trade group.

“It takes real work to distinguish between the many policies and companies,” he adds. “People end up not buying anything because it’s so overwhelming.”