Although normally you can put a finger on the underlying issues leading to certain types of racial/ethnic disparities — the ones for medical disparities are well documented, for example — I admit that new survey results from LIMRA regarding racial disparities in consumers’ emphasis on the importance of life insurance have me stumped.
According to LIMRA, African Americans place greater emphasis on the goal of having adequate life insurance and are twice as likely to consider purchasing life insurance for themselves or for someone else in the household compared to the total U.S. population.
