Results: Life Insurance - What do you have?
Published on 01/30/2012
QUESTIONS
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Comments
1.
1.
Which of the following types of insurance coverage do you have?
Term Insurance
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Group life insurance through work
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Freedom 55 insurance
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Mortgage Life insurance
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Limited pay
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Universal life
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Second to die life insurance
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Permanent insurance
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Variable life
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Whole life
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Accidental death
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Have insurance, not sure what type
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Insurance is a waste of money
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I want insurance but I have not gotten around to buying insurance
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It’s too difficult to understand what all of these options are
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None of the above
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Other (please specify)
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2.
2.
What period did/does your term life policy cover? 5 years
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10 years
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15 years
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20 years
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25 years
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30 years
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35 years
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Till my youngest child reaches age 21
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Have permanent life insurance
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Don’t have insurance
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3.
3.
Did you buy your insurance through..? An agent
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Work
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An association (i.e. CAA, etc)
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Online
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I don’t have insurance
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Other (please specify)
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4.
4.
Why is life insurance important to you? To assist with mortgage or other debt and expenses in the event of my death
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Protect my family in the event of my death
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To ensure my children complete their education
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To protect my spouse and or children’s inheritance
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To achieve tax shelter
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As part of my charitable giving program
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Life insurance is not important to me
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Other (please specify)
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5.
5.
Are you aware that under a term policy, your beneficiaries will not receive a payout if you pass away after the term is over? Yes
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No
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6.
6.
Are you aware that most term policies will allow you to upgrade your policy to a permanent one? Yes
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No
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COMMENTS