Newly released findings from the 2021 Barometer Study reveal the majority of Black Americans own life insurance (56%), up three percentage points from 2020 and four percentage points higher than the general population. Yet this still represents a 19-point gap from the 75% of Black Americans who believe they need life insurance.
LIMRA
LIMRA Secure Retirement Institute’s First Quarter U.S. Individual Annuities Sales Survey represents data from 96 percent of the market.
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New Study Finds Black American Life Insurance Ownership Increased During the Pandemic, but a Significant Coverage Gap Remains
By LIMRA on 7/12/21 1:35 PM