Insurance calculators fare poorly

Published Updated 3 Min Read

Life insurance coverage calculators earned low marks in a recent analysis by the Customer Respect Group, which suggests that more can be done to help consumers and employees determine adequate coverage levels.

After examining 22 life insurance websites, only 15 of which contained calculators, the CRG found that consumers visiting these sites “will not have a clear idea of what the question ‘how much life insurance do I need?’ actually means.”


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