Buying life insurance may be one of the most important decisions you will ever make. However, since we naturally avoid thinking about death, it's a decision that most of us will put off until something big happens that puts everything into perspective and forces us to think about what will happen to our family and other dependents after we die. Planning ahead and purchasing the right life insurance policy is the best way to provide peace of mind. In the infographic below we provide some additional less known facts and statistics about life insurance.
SOME OF THE HIGHLIGHTS
While two thirds of Americans believe that life insurance provides peace of mind, 3 in 10 American households are uninsured (35 million) and more that 50 million Americans have inadequate life insurance.
6 of 10 consumers can't remember being offered to buy life insurance in the last 2 years.
Lung cancer is the leading cause of cancer deaths among both men and women in the United States and smokers can pay up to 150 percent more that non-smokers who apply for life insurance.