LIMRA: New Study Finds Black American Life Insurance Ownership Increased During the Pandemic But a Significant Coverage Gap Remains
July 07, 2021
July 07, 2021
WINDSOR, Connecticut, July 7 (TNSRep) -- LIMRA issued the following news release:
Newly released findings from the 2021 Barometer Study reveal the majority of Black Americans own life insurance (56%), up three percentage points from 2020 and four percentage points higher than the general population. Yet this still represents a 19-point gap from the 75% of Black Americans who believe they need life insurance.
"While our research shows that Black Americans are more l . . .
Newly released findings from the 2021 Barometer Study reveal the majority of Black Americans own life insurance (56%), up three percentage points from 2020 and four percentage points higher than the general population. Yet this still represents a 19-point gap from the 75% of Black Americans who believe they need life insurance.
"While our research shows that Black Americans are more l . . .