Leave a Legacy with Life Insurance!
If you have clients that may be considering cancelling their UHL/UFFL coverage, talk with them about using the beneficiary designation to leave a legacy to their loved ones as well as a church, university, or other non-profit organization.
It’s as simple as designating a percentage of the policy proceeds to their loved ones, and to a non-profit organization that is dear to their hearts.
Key Facts About Life Insurance
- According to LIMRA’s 2021 Insurance Barometer Study, 52% of those surveyed indicated they have life insurance. Of those, 25% said their only coverage is from a group policy.
- Of those who are uninsured or under-insured, almost half indicate no one has approached them about life insurance.
- Almost half surveyed would prefer to buy life insurance using a simplified underwriting process.
Source: 2021 Insurance Barometer Study