Each year, LifeHappens.org sponsors Life Insurance Awareness Month in an effort to bring education and awareness to Americans about the importance of protection through insurance. LIMRA, an association that provides research and consulting to the insurance industry, shares the following insight in their 2015 “Facts About Life” study:
“Half of the households in America would feel the financial impact from the loss of their primary wage earner in a year or less. Over 40 percent would feel the impact within 6 months, including nearly 40 percent of households with an annual income of $100,000 or more.”[1]
That means that a huge portion of Americans are living without any insurance or without the proper level of coverage. You can benefit from the motivation provided by this year’s Life Insurance Awareness Month by evaluating your insurance needs and ensuring that your protection plan is current and appropriate for your personal situation.
The tools and education on the Life Happens website are terrific. Watch videos, complete worksheets, and use their calculators to learn about insurance.
Did you know that the advisors of Wisdom Wealth Strategies are independent life insurance agents? We source quotes from dozens of insurance companies and are highly educated and experienced in this critical area of planning. If you’re concerned and confused about your insurance needs or simply don’t know where to start, please let us help you.
[1] 2015 Facts About Life, LIMRA www.limra.com