Insurance Flipbook 2019

Cover burial and other final expenses 91% Help replace lost income 66% Transfer wealth or leave an inheritance 63% Help pay off the mortgage 51% Pay home-care expenses 48% Supplement retirement income 45% Pay estate taxes or create estate liquidity 41% Provide funds for a college education 31% Use for business purposes 18% Make a charitable gift 17% Source: LIMRA, 2018 Reasons for Owning Life Insurance