Do I Need Life Insurance? How Much Should I Get?

Do I Need Life Insurance? How Much Should I Get?
TheStreet
12/14/2020
By Georgia Rose
Perhaps fueled by acute awareness of their own mortality, many Americans shopped for life insurance during the pandemic. But some lost interest when local Covid-19 cases declined, a new NerdWallet survey found.
More than a third (35%) of those who considered purchasing life insurance due to the pandemic — but ultimately didn't buy — say they decided against it because Covid-19 cases in their area started going down.
This behavior suggests some people view life insurance as a "panic purchase," says Grant Dunn, vice president of financial services at Lakenan Insurance, a brokerage in Missouri. "That's not what life insurance is made to do. It's not meant to protect people for the next six months while Covid cases are high in their area. It's meant to protect the family during all of your income-earning years and beyond."

Related Keywords

Georgia ,United States ,Lakenan ,Missouri ,Americans ,American ,Kathleenw Bilderback , ,Affinity Law Group In St ,Bureau Of Labor Statistics ,Thestreet Doi Need Life ,Grant Dunn ,Lakenan Insurance ,Robert Powell ,Retirement Daily ,How Cani Lower My Taxable ,Harris Poll ,Need Life ,Death Create ,Financial Burden ,Affinity Law Group ,ஜார்ஜியா ,ஒன்றுபட்டது மாநிலங்களில் ,மிச Ou ரி ,அமெரிக்கர்கள் ,அமெரிக்கன் ,இன உறவு சட்டம் குழு இல் ஸ்டம்ப் ,பணியகம் ஆஃப் தொழிலாளர் புள்ளிவிவரங்கள் ,மானியம் டன் ,ராபர்ட் போவல் ,ஓய்வு தினசரி ,ஹாரிஸ் போல் ,தேவை வாழ்க்கை ,இறப்பு உருவாக்கு ,நிதி சுமை ,இன உறவு சட்டம் குழு ,