{"id":78,"date":"2023-04-11T04:00:00","date_gmt":"2023-04-11T10:00:00","guid":{"rendered":"https:\/\/www.siroverinsurance.com\/blog\/?p=78"},"modified":"2023-04-27T00:32:37","modified_gmt":"2023-04-27T06:32:37","slug":"life-insurance-statistics-for-2023","status":"publish","type":"post","link":"https:\/\/www.siroverinsurance.com\/blog\/life-insurance-statistics-for-2023\/","title":{"rendered":"Life Insurance Statistics for 2023"},"content":{"rendered":"<p>At&nbsp;The Sirover Agency LLC, serving the greater&nbsp;Wayne, PA community,&nbsp;we understand that life insurance can seem complicated. However, it doesn&#8217;t have to be. Let&#8217;s take a look at the life insurance statistics for 2023.&nbsp;<\/p>\n<h2>Who Has Life Insurance&nbsp;<\/h2>\n<p>75% of Americans have some life insurance. Women are more likely than men not to have life insurance, with 22% of women and 11% of men without life insurance.&nbsp;<\/p>\n<h3>Factors that Affect Premiums&nbsp;<\/h3>\n<p>Many people are unaware that factors unrelated to health can affect their premiums. Only 35% were aware that their driving record can impact their premiums. 29% were aware that their credit history could be considered. 23% knew that bankruptcy can affect their premiums.&nbsp;<\/p>\n<h3>Why People Get Life Insurance&nbsp;<\/h3>\n<p>Most Americans see life insurance as a way to protect their family from outstanding debts. 64% of white Americans, compared to 37% of African Americans, agreed with this view.&nbsp;&nbsp;<\/p>\n<p>22% of African Americans and 8% of whites saw life insurance as a way to pass on generational wealth.&nbsp;<\/p>\n<h3>Financial Security&nbsp;<\/h3>\n<p>Less than half of those without life insurance feel financially secure, compared to 68% of those with life insurance. The number increases even more when considering those with a personal and employer life insurance policy, 78% of these individuals feel financially secure.&nbsp;<\/p>\n<p>The number of people who fear they don&#8217;t have enough life insurance has increased by more than two times since 2010.&nbsp;<\/p>\n<p>44% of households would have serious financial difficulties within six months if they lost their primary income. 28% would be in dire financial straits within one month.&nbsp;<\/p>\n<h3>Get This Important Coverage Today<\/h3>\n<p>If you need life insurance in the greater&nbsp;Wayne, PA region, or you are wondering if you have the right coverage, contact us at&nbsp;The Sirover Agency LLC. Our friendly agents will work with you to make sure that you get the best policy for your needs.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At&nbsp;The Sirover Agency LLC, serving the greater&nbsp;Wayne, PA community,&nbsp;we understand that life insurance can seem complicated. However, it doesn&#8217;t have to be. Let&#8217;s take a look at the life insurance statistics for 2023.&nbsp; Who Has Life Insurance&nbsp; 75% of Americans have some life insurance. Women are more likely than men not to have life insurance, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,7],"class_list":["post-78","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-the-sirover-agency-llc","tag-wayne-pa"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"At The Sirover Agency LLC, serving the greater Wayne, PA community, we understand that life insurance can seem complicated. However, it doesn&#039;t have to be. Let&#039;s take a look at the life insurance statistics for 2023. Who Has Life Insurance 75% of Americans have some life insurance. Women are more likely than men not to have life insurance,\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.siroverinsurance.com\/blog\/life-insurance-statistics-for-2023\/\" \/>\n\t\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.3\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Blog |  The Sirover Agency, LLC -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Life Insurance Statistics for 2023 - Blog | The Sirover Agency, LLC\" \/>\n\t\t<meta property=\"og:description\" content=\"At The Sirover Agency LLC, serving the greater Wayne, PA community, we understand that life insurance can seem complicated. However, it doesn&#039;t have to be. Let&#039;s take a look at the life insurance statistics for 2023. Who Has Life Insurance 75% of Americans have some life insurance. Women are more likely than men not to have life insurance,\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.siroverinsurance.com\/blog\/life-insurance-statistics-for-2023\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2023-04-11T10:00:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2023-04-27T06:32:37+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Life Insurance Statistics for 2023 - Blog | The Sirover Agency, LLC\" \/>\n\t\t<meta name=\"twitter:description\" content=\"At The Sirover Agency LLC, serving the greater Wayne, PA community, we understand that life insurance can seem complicated. However, it doesn&#039;t have to be. Let&#039;s take a look at the life insurance statistics for 2023. 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