Consumers Looking To Buy Life Insurance


Half of all consumers are interested in increasing or buying life insurance, but they are 90% certain that they don’t want to do business face-to-face.

That is according to a survey conducted at the end of March, as COVID-19 and lockdowns were spreading nationally.

Young people were also more interested in life insurance. With 37% of respondents age 18 to 39 likely to buy or increase life insurance, they doubled the percentage of those 40 and over who were interested in buying or increasing at 19%.

Nearly nine out of 10 consumers of all ages did not want to go to an agent’s office, with 89% saying they would shop online.

But when it came to filling out documents, only 8.95% of the respondents said they were OK with going to an office…Read more>>