The statistic shows the main reasons for why life insurance was bought in 2011. According to19 percent of the respondents, covering burial and other expenses that arise after death was the main reason for life insurance purchase in 2011.
Top reasons why life insurance was bought in the United States in 2011
Characteristic
Share of insurance buyers
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Society of Actuaries. (October 19, 2011). Top reasons why life insurance was bought in the United States in 2011 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/
Society of Actuaries. "Top reasons why life insurance was bought in the United States in 2011." Chart. October 19, 2011. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/
Society of Actuaries. (2011). Top reasons why life insurance was bought in the United States in 2011. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/
Society of Actuaries. "Top Reasons Why Life Insurance Was Bought in The United States in 2011." Statista, Statista Inc., 19 Oct 2011, https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/
Society of Actuaries, Top reasons why life insurance was bought in the United States in 2011 Statista, https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/ (last visited September 01, 2024)
Top reasons why life insurance was bought in the United States in 2011 [Graph], Society of Actuaries, October 19, 2011. [Online]. Available: https://www.statista.com/statistics/255102/top-reasons-why-life-insurance-was-bought/