Thirty percent of U.S. households have no life insurance, and only 44 percent have individual life insurance -- both 50-year lows -- the latest survey from industry tracker Limra found.
In 2009, insurance companies issued 9.4 million individual life insurance policies in the U.S., 1 million fewer than in 2004. During the mid-1980s, roughly twice as many policies were issued compared with today, according to Limra.
More than 40 percent of respondents said they have other financial priorities besides life insurance.
The reason for the decline: More than 40 percent of respondents said they have other financial priorities right now.
"People are feeling very pressured and unable to pay all of their bills now," said Catherine Theroux, a Limra spokeswoman. "They're struggling financially, so they're not opting to buy life insurance except in their employer-sponsored program."
Other findings:
1 in 4 rely only on group life insurance through their employer to provide financial protection if a wage-earner dies.
15 percent said one or more of their breadwinners lost their job, so for those in an employer-sponsored life insurance plan, the loss of the job meant a loss of life insurance coverage.
Among households with children under 18, four in 10 said they would immediately have trouble meeting everyday living expenses if a primary wage-earner died today.
Tuesday, September 7, 2010
Tuesday, August 31, 2010
Get Paid.
Are you a current customer? Get $25.00 for every referral you give us that purchases. Program extended untill the end of 2010! For every referral, even if they don't buy, your name will be entered in a $50.00 prize, monthly drawing!
Monday, August 30, 2010
Identity Theft - Get Protected!
Identity Theft Facts
Identity theft is the fastest growing crime in the U.S. It has been listed as the #1 consumer complaint for seven consecutive years. The crime can be devastating, and is often costly and time-consuming to resolve. According to the Federal Trade Commission:
Losses stemming from ID theft total more than $56 Billion annually.
Out-of-pocket expenses for victims are increasing.
The average victim takes 175 hours to restore their lives after identity theft.
There are 27,000 new victims of identity theft daily.
Identity theft has become so prevalent that most people, if not victims themselves, know someone who has been a victim. Farmers Identity Shield is a comprehensive solution that can help you safeguard your good name.
Contact me to find out how to get protected today. (773)586-4500
Information from Farmersinsurance.com
Identity theft is the fastest growing crime in the U.S. It has been listed as the #1 consumer complaint for seven consecutive years. The crime can be devastating, and is often costly and time-consuming to resolve. According to the Federal Trade Commission:
Losses stemming from ID theft total more than $56 Billion annually.
Out-of-pocket expenses for victims are increasing.
The average victim takes 175 hours to restore their lives after identity theft.
There are 27,000 new victims of identity theft daily.
Identity theft has become so prevalent that most people, if not victims themselves, know someone who has been a victim. Farmers Identity Shield is a comprehensive solution that can help you safeguard your good name.
Contact me to find out how to get protected today. (773)586-4500
Information from Farmersinsurance.com
Thursday, August 26, 2010
CELEBRATE TODAY!
Today is the 90th anniversary of Women Equality day! Women have changed the face of business! Whether you are a career woman or have the hardest job In the world, a Mother's job, celebrate today!! Girls night out perhaps?? Hmmm...I'm liking the sound of that!
Tuesday, August 24, 2010
Stimulus Package
Refer someone to our office and receive $25.00 if they purchase. Your name will also be entered in a monthly $50.00 drawing! (Even if the referral does not purchase!)
Wednesday, August 11, 2010
Welcome back Bob!
Farmers is taking a huge step by lowering our rates all over the nation. Sometimes we lose a customer, not because of our service... but due to economic decisions. Today we want to welcome back Robert C. We are pleased to announce our rates are more affordable. Our office is ranked in the top 1% in the nation for outstanding customer service. We invest in our community and support other local small businesses. Stop by our office or visit us online for a quote: http://www.farmersagent.com/scavoto
It will only take a few minutes. Don't sacrifice outstanding service due to your budget anymore.
6118 W. 63 St. Chicago, IL 60638
(773)586-4500
Sandra Cavoto
It will only take a few minutes. Don't sacrifice outstanding service due to your budget anymore.
6118 W. 63 St. Chicago, IL 60638
(773)586-4500
Sandra Cavoto
Monday, August 9, 2010
Anything can happen. Make sure you're prepared!
Life is short, live wisely and stay balanced. Proper financial planning now can save your family from additional stress later. I enjoy helping people plan for financial freedom. I am a strong, dedicated agent who's very involved in my community. Why not invest in the community together? Please, take the time to call or stop in for an insurance quote. Mention seeing my blog and get a free gift card.
(773)586-4500
6118 W. 63 St. Chicago, IL
(773)586-4500
6118 W. 63 St. Chicago, IL
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