Study Shows American are Underinsured and Risking the Financial Security of the Family

September 4, 2018

Neil Sprackling, President of U.S. Life and Health for Swiss Re

Stations, the following is a news announcement. Suggested lead in 3, 2, 1 …

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September is Life Insurance Awareness Month in the US, and a recent study has revealed that two thirds of households in America would not be able to cover just a few months of basic living expenses in the event of the death of the family breadwinner.

Neil Sprackling, President of U.S. Life and Health for Swiss Re, says one of the causes of this financial shortfall is the consumer’s underestimation of the level of protection their family requires.

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WHAT MANY DON’T REALIZE IS THAT FOR AROUND THE SAME COST AS A CUP OF COFFEE PER DAY, YOU CAN ENSURE A MORE SECURE FUTURE FOR YOUR FAMILY. AN ALARMING NUMBER OF FAMILIES ARE UNDERINSURED WITH AN AVERAGE SHORTFALL OF MORE THAN THREE HUNDRED AND SEVENTY-FIVE THOUSAND DOLLARS. THIS IS DESPITE THE U.S. HAVING THE LOWEST COST LIFE INSURANCE IN THE WORLD.

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To learn more about adequate life insurance policies, visit www.swissre.com.

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