
Who Buys Life Insurance And Why
Life insurance sales are going up. Possibly not as fast as gas rates, but industry analysts are seeing what seems an upward pattern. According to LIMRA (the Life Insurance Policy and also Market Research Organization), insurance provider provided 2% even more specific life insurance policy policies in 2011 than in 2010. This is on the 4th time in 30 years that life insurance policy plan sales have enhanced. Which increases the question: that is acquiring life insurance policy, why and also what are they buying?
Not surprisingly, a lot of life insurance is being acquired by maturing Gen Xers, those birthed between 1965 and 1987, who are in their prime child-bearing years. A report launched last January by Demographic Knowledge LLC, declared that America's Child Breast is over. Between 20...