Survey Exposes Confusion About How Much Life Insurance Coverage Costs – Insurance Coverage News Web

14September 2020



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Life insurance coverage can pay for last expenditures and offer financial security for loved ones left behind, however a new nationwide survey from Erie Insurance coverage shows lots of people are puzzled about it. My spouse and/or kids could keep our current house 10%

When asked which life event occasion initially inspired to buy purchase life insurance policy, 38% said no particular specific event had motivated inspired. 4 in 10 people (41%) said they don’t know whether people who have had COVID-19 can get life insurance coverage. Taking care of Max and Luna *
The majority of people name their spouse (59%) or child/children (38%) as their life insurance coverage policy beneficiaries, however some people want to take care of their furry good friends who are left behind.

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