Ownership of life insurance has been on a steady decline, and the reason many experts point to are other more pressing financial priorities particularly with retirement income becoming such a hot priority.
Weve consistently seen over the last five years that consumers think life insurance is more expensive than it really is, and now were seeing many are also confused as to what factors determine the cost for life insurance, said Marvin Feldman, president and CEO of Life Happens, an industry advocacy group, speaking at this weeks 2015 Life Insurance Conference in Arlington, Va.
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