In 2019, the life insurance ownership gap in the United States was nine percent. The ownership gap shows the difference between the perceived need for life insurance among consumers and what they actually own. There are several reasons why people don't buy life insurance, such as cost or lack of necessity.
Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019
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LIMRA, & Life Happens. (April 1, 2019). Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/
LIMRA, und Life Happens. "Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019." Chart. April 1, 2019. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/
LIMRA, Life Happens. (2019). Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/
LIMRA, and Life Happens. "Difference between Perceived Life Insurance Needs and Actual Ownership Rate in The United States from 2011 to 2019." Statista, Statista Inc., 1 Apr 2019, https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/
LIMRA & Life Happens, Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019 Statista, https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/ (last visited November 22, 2024)
Difference between perceived life insurance needs and actual ownership rate in the United States from 2011 to 2019 [Graph], LIMRA, & Life Happens, April 1, 2019. [Online]. Available: https://www.statista.com/statistics/1035474/life-insurance-ownership-gap-us/
