HOUSTON – New research announced by American International Group, Inc. (NYSE: AIG) reveals that consumers who do not have life insurance feel less prepared financially for the illness or death of self or a loved one than people with life insurance; yet, they are not more likely to act to reduce risk. AIG also found that having insufficient retirement funds was among consumers\u2019 most explored \u2013 researched, discussed or thought-about \u2013 risks.<\/p>\n
\u201cThis research confirms that many people don\u2019t feel fully prepared for the financial ramifications of death, chronic illness or a retirement income shortfall,\u201d said Rod Rishel, Chief Executive Officer, Life Insurance, AIG. \u201cOur Life Insurance business helps consumers mitigate financial risks by offering a wide range of innovative solutions designed to help individuals and their families when they need it most. We\u2019ve also developed new resources to help financial professionals connect with and educate consumers about solutions designed to meet multiple needs.\u201d<\/p>\n
The research \u2013 conducted online with more than 8,100 U.S. consumers ages 21-64 \u2013 found that people who don\u2019t own life insurance:<\/p>\n
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The solutions available through AIG\u2019s Life Insurance business include products for consumers who may need increased supplemental income in retirement, as well as life insurance policies with integrated or available living benefit riders for chronic illness.<\/p>\n
AIG also offers resources including Generation Station, an online tool to help financial professionals quickly pinpoint appropriate life insurance offerings based on a client\u2019s age, sex, and a few other attributes. The tool, along with generational outreach tips, is at www.aig.com\/GenerationMatters<\/a>.<\/p>\n Additionally, AIG has launched new online centers at www.aig.com\/IUL<\/a> and www.aig.com\/QoLIUL<\/a> to share comprehensive information about index universal life (IUL) insurance products. IUL solutions are designed to offer life insurance protection, opportunities for cash accumulation, income in retirement, and a measure of protection against market downturns.<\/p>\n The AIG research was conducted online in the third and fourth quarters of 2017. Additional data and insights from the research will be released in coming months. For more information on AIG, visit www.aig.com<\/a>.<\/p>\n The post Research Shows Americans Without Life Insurance Not Taking Action To Reduce Financial Risks<\/a> appeared first on InsuranceNewsNet<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" HOUSTON – New research announced by American International Group, Inc. (NYSE: AIG) reveals that consumers who do not have life…<\/p>\n The post Research Shows Americans Without Life Insurance Not Taking Action To Reduce Financial Risks<\/a> appeared first on InsuranceNewsNet<\/a>.<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11644"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=11644"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11644\/revisions"}],"predecessor-version":[{"id":11646,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11644\/revisions\/11646"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=11644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=11644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=11644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}