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36% of Americans Plan to Buy Life Insurance in the Next 12 Months. Here's Why You Should Do the Same


The thought of life insurance might never have crossed some people's minds prior to the COVID-19 outbreak, but in light of the pandemic, a growing number of Americans are changing their tune. A good 36% now think they'll be buying life insurance in the next 12 months, according to insurance research organization LIMRA, and while there's no telling how many will actually follow through, the fact that it's on people's radar is a step in the right direction.

If you're currently without life insurance, it pays to explore your options for buying an affordable policy. Without one, you could end up leaving the people you care about in a serious financial lurch.

Image source: Getty Images.

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Source Fool.com


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