Despite a broad understanding of life insurance basics, there’s still a significant gap in coverage among Americans, primarily because of cost misconceptions.
A startling 72% of individuals overestimate the expense of basic term life insurance, with only about 11% of Americans accurately estimating the affordable $15 monthly premium for a healthy 30-year-old’s $250,000, 20-year term policy.
The Agent & Advisor Editorial Team is a highly skilled and dedicated group of professional writers and editors within the life, health insurance and financial services industry. Committed to delivering accurate, informative and engaging content, this team possesses a deep understanding of the intricacies and complexities of the industry.
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Latest posts by A&A Editorial Team (see all)
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