Term Insurance Study

Did you know?

---

A study conducted by Penn State University examined the long-term outcomes of term life insurance policies with an aggregate face amount of over $4 billion.

Here are some of the key findings:

1. Only about 1% of all term life insurance policies result in a death claim.
2. More than 90% of term polices are terminated before a claim is ever paid.
3. Fewer than 1 in 10 policies remain in force until the end of the term period.

These findings raise an important question:

If you are among the small percentage whose policy survives the full term, should you reconsider your strategy and explore alternatives that provide more long-term value?

One option worth exploring is whole life insurance, which can provide both a guaranteed death benefit and potential living benefits, such as access to cash value during your lifetime.

Click here to request more info